Russia’s military performance in Ukraine has become a global embarrassment. President Vladimir Putin’s new plan to ship thousands of barely-trained Russian civilians to the front lines is a sign that his army is taking a beating. Western military analysts are astonished at the incompetence of a military they once considered fearsome. The decision could even bring down Putin himself. Yet Russia remains far from beaten. Putin’s recent moves are likely to prolong the war and intensify the… Source link
Read More »Jeremy Grantham Has an Even Scarier Prediction Than His Crash Call
(Bloomberg) — Jeremy Grantham got the market’s attention with his “super bubble” call on U.S. stocks. Now he wants to get an even more alarming and urgent message out, one his critics may find harder to accept. Most Read from Bloomberg The “Goldilocks” period of the past 25 years is ending, and the world needs to prepare for a future of inflation, slower growth and labor shortages, the renowned value investor said in a Bloomberg “Front Row” interview. “There’s only a certain… Source link
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