Russia is more of a closed economy in some respects, apart from the exports. Therussians have lived with this in one generation, complete and utter economic wipe out. So i don't know what happens to the russian economy because we've never forced such a big economy out of the globel economy. Could it end at being venezuela? Sure. But you need more political unrest for that to happen really, and we don't have that in russia yet.
Raoul Pal is the CEO of Real Vision, a cutting edge financial media company and also runs his own macro research business, Global Macro Investor. In this episode we discuss: - Raoul's 3 scenarios for how the war between Russia & Ukraine plays out - The outlook for different asset classes including stock & bonds, commodities & crypto - Why the tokenisation of culture through communities like Bored Ape Yacht Club are so significant We also talk about the practical implications of potential social unrest and how people should be thinking about their life choices in that context as well as Raoul's philosophy of living in the future.