I learned to drive in my native Western New York which certainly entailed driving on ice. There is no foolproof way to drive on ice. It is much different from and much more difficult than driving in snow. That said there is a technique that will enhance your chances of avoiding a serious mishap. Basically, you pump, not slam, the brakes and certainly never accelerate when you start a skid. To a degree something similar can be said about economic policy. Unfortunately, the powers to be in both America and the UK didn’t seem to learn that lesson.
Tag Archives: sanctions
Least We Forget
The war in Ukraine has been going on for over six months now. With all else that is going on in the world it is easy to forget. That’s exactly what Vladimir Putin wants you to do and is his best chance to win.
I’m as guilty as anyone else in letting the war “slip below the fold”. Today I’m bringing it front and center. This article is being penned on Tuesday morning. A “time stamp” is necessary because some of the events depicted are dynamic. Today’s leading motivators are the morning New York Times and the BBC. Please continue reading and it will become clearer.
The Headline Battle
When Russia invaded Ukraine, nobody expected the war (in Russian: special military action) to last this long. The main reasons it has are Russian military incompetence, Ukrainian spirt along with western military and financial (mainly via sanctions) support. Despite some recent successes, overall the Russian military isn’t really getting much better and certainly not stronger. The Ukrainians aren’t weakening! That leaves only western support in question.
Substance Then Some Snark
I’m in a wise guy mood today; but first a serious matter.
Follow The War Money
Perhaps the most famous phrase from Watergate is, “Follow the money.” Despite the reality that it was never uttered in connection with that scandal it is good advice when trying to analysis political goings-on. I want to do a bit of that today.