Russia and Time Risk

As we watch the potential count-down clock to WW III, a discussion of time risk seems in order.  Not that we can do a damn thing about it.  It’s just that we have been watching events in Ukraine closely since last November.  And it has come down to this weekend for my “fish & chips bet” with one of my daughters.

My actual birthday is the marker, so we need to get out of “birthday weekend” with a chance of peace and no tanks rolling west in order for U.S.-Russian diplomatic talks next Wednesday.  Biden said that if there’s action this weekend, it will mean the door on peace has been slammed shut.

A few “headlines from the front” to tee up the day and then a discussion of how utterly devastating 2022 and beyond could be for financial markets as we seem ready to follow the Great Depression Trail.

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