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The Endgame In Ukraine

Indian Economy & Market

|

March 2023

US President Joe Biden has denied Zelensky’s request so far, but he previously ruled out sending tanks before finally giving in. The same thing will probably happen with the planes. What’s could be the Ukrainian’s next demand? This entire scenario is a long slow march toward nuclear war or the complete disintegration of Ukraine. The Biden administration has essentially turned the war in Ukraine into an existential crisis for the U.S. and NATO, when it never should have been. But the war is existential for Russia, and won’t give up. Is the U.S. just going to throw up its hands and concede Russian victory? NATO may actually disintegrate in the face of such spectacular failure. Maybe a desperate Biden orders troops into western Ukraine as a buffer against a complete Russian takeover of the country. That situation may quickly devolve into a direct war between the U.S. and Russia rather than the says that it’s becoming increasingly likely.

- James Rickards 

The Endgame In Ukraine

Today by far the most alarming topic on the geopolitical landscape is the war in Ukraine and the dangers of escalation. I’ve written extensively about two facets of the war in Ukraine that you don’t hear from legacy media in the United States or U.K. The first is that Russia is actually winning the war.

U.S. outlets such as The New York Times (a channel for the State Department) and The Washington Post (a channel for the CIA) report endlessly about how Russian plans have failed, about how incompetent they are about how the Armed Forces of Ukraine (AFU) have pushed back Russians in the Donbass, and how NATO weapons such as U.S. Abrams tanks, U.K. Challenger tanks and German Leopard tanks will turn the tide against Russia soon.

This is all nonsense. None of it is true.

Reality Check '

First off, the Ukrainian advances that took place in late summer were against lightly defended positions that the Russians quickly conceded to conserve forces. The Russians were willing to give up the land so that they wouldn’t lose valuable men and materiel. The Russians withdrew to more defensible positions and have been badly mauling Ukrainian attacking forces ever since. Ukraine has wasted incredibly large amounts of men and equipment in these futile and ill-advised attacks.

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