Mar 11, 2022
Summary:
The Ukraine/Russia circumstances are having a large impact on the
markets, and I have Bob Hoye on the show to give historical insight
on why this is happening and what we can expect in the near future.
When we look at the past, these sort of uprisings have taken a long
time to resolve diplomatically, and the pain of the recession will
be the only factor that drives Putin to make some sort of change.
Tune in for more insight on what’s to come.
Highlights:
-Hoye comes on the show to give a historical perspective on what
the Ukraine/Russia circumstance is doing to markets
-When you look at previous uprisings in the former Soviet Union
(near the mid 1900s), diplomatic solutions have taken very long to
arrive at
-Pain felt by the effects of a recession would cause Putin to make
a change
-Putin contends that the greatest catastrophe of the 20th century
was the breakup of the Soviet Union
-Speculation in the political markets has become unusually
reckless
-It seems that governments don’t always learn the lessons that
history provides
-The financial catastrophe in Russia has earned a recession—the
federal reserve is supposed to prevent this, but this theory
doesn’t necessarily work
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