Thursday, March 19, 2020

Crimea: Remember Crimea?

     Mr. Putin goes to Crimea.  What?  Where?  Oh, down south in Ukraine.  The Old KGB has been went south, I guess to get his body temp above 30 degrees.  He wanted to show his southern regions that the Kremlin Cares.  Really?  Now, about those sanctions, Mr. Trump?  Let's make a deal.
      The price of WTI has hit a 20 year low.  Your shale drillers are on the ropes.  In a month, the bankers and Wall Street will want you to bail everybody out.  But it's an election year.  Your people are already nervous about the virus.  You want to throw money around to prove you van manage any crisis that comes your way, even the Chinese Virus I've heard about.  So,  ease up on the sanctions and I'll stop pumping oil and let the price float closer to $50/barrel.  Win/Win.  What do you say, Mr. Trump?  Do you hear me?  Stop the Tweeting: listen to me, Please.
     The the rupul is getting battered like an old shuttlecock-back and forth, up and down.  The Federation economy will soon be in a full blown recession, probably joining the EU bloc which has enormous problems in Italy, France, Spain, and Greece.  Many business enterprises will close, thousands will be out of work.. The UK will have to hold off on any special trade deals and just keep what it has for now.  No changes needed in the face of a health crisis followed by a economic crisis.  Dictator for Life Putin will pull all the strings he can to remainin power, but can he pull out of the coronavirus pandemic?  No, in a word.  The Russyan population is in for some really rough sailing the rest of 2020.

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