The Ukraine president just addressed the Canadian parliament and will address the US Congress tomorrow. Let's see whether he can convince the US to establish a non-fly zone.
https://fortune.com/2022/03/13/nato-will-act-russia-hits-alliance-us/
Sullivan says NATO would respond even if a shot by Russia that hit NATO territory was accidental.
Poland wanted to donate their Mig29 jet fighters to Ukraine through US, US just said no.
https://www.cnn.com/2022/03/08/politics/poland-jets-ukraine-russia/index.html
Ukraine is screwed by everyone.
Putin is probably mad at the central bank sanctions.
"The U.S., Europe and Canada pledged Saturday to prevent the Bank of Russia from deploying its $630 billion stockpile of international reserve “in ways that undermine the impact of our sanctions,” they said in a joint statement Saturday."...
I am probably much older than you. The math (I actually have a Ph.D in that) actually suggested otherwise as I wrote above. In any case, we will find out whether Putin chooses 1 or 2 soon.
Putin has two options. 1. Invade and risk a second Afghanistan, crippling Russia's economy. 2. Sit the army on the border for weeks and even months, weakening Ukraine's economy and making the west looking like fools. I have doubts he will choose 1.
This is the total debts divided by the total income, the latter inflated by those of the very rich like Bill Gates and Bezos who probably have zero debts. Also mortgage debts payments decreased as people refinanced the mortgage loans into ones with lower rates.
The yield curve between 2 and 10 yrs is dangerously close to flat. This is even before the Fed begins to raise rates. This is not a terrible good sign.