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Rabo: There Is War; No Trust; Deranged Speech; And Lack Of Endgame Vision From Both Sides

by TYLER DURDEN


By Michael Every of Rabobank

Is ‘Mayday’ One Word or Two?

There is not a lot to laugh about anywhere at the moment. However, a recent very black humor meme that did make me do so was the one I saw a few days ago where:

Putin looks at Defence Minister Shoigu and says, “Tell me how the war is going in one word.”

Shoigu replies, “Good.”

Putin follows up, “Tell me in two words.”

Shoigu says, “Not good.”

It’s ‘funny’ because it’s true. Russia is creating an economic basket-case in a breadbasket and calling it ‘peace’, with global repercussions, yet it is doing the same to itself. A Russian friend tells me he went to his Moscow department store Saturday and took the escalator to the underground level to find the retailer he wanted. The retailer was gone, and the entire level replaced with a vegetable market. I told him to worry when there aren’t any vegetables either…


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