Outstanding Events Happening: Putin Losing Everything

Well done, Volodya!

Truly outstanding events are taking place. There are reports of major military successes of the AFU in Kharkiv and Kherson regions.

The West is doubling its military and financial support for Ukraine - more money from the US, the EU and potentially the IMF. The message is: we are with you to the end.

Putin has shown weakness by cutting gas transit through Nord Stream 1 and jacking up energy prices. He did the best he could and we are taking the hit. Higher energy prices have a dampening effect on demand, helping to rebalance supply and demand in Europe. And it probably accelerates long-term diversification off Russian energy. Putin has outsmarted himself and Russia. Well done, Volodya, you tactical genius!

It looks like Putin is losing European energy markets, Ukraine, most of his army, his allies (had to go to Iran and North Korea for ammunition in desperation as China has sold him nothing), his credibility and possibly even his country in the end.

Glory to Ukraine!

My prediction is this: before the end of the year, Putin will surrender, or risk a complete collapse of Russian forces in Ukraine and with that we will see world energy and commodity prices fall as the global recession intensifies and security risks diminish. Putin is being driven back into the stall.

Timothy Ash, Novoe Vremya