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4min chapter
Restrictions On Investments Into China Are Imminent | Harald Malmgren & Nicholas Glinsman
Forward Guidance
Putin, Is Putin Trying to Broker a Piece When He Visits Russia?
In the first few weeks and months of the war, analysts were saying Russia can't last any weeks. And it turns out that the Russian economy, I think in real terms, shrank only 2% to 3% when some forecasters were predicting it would shrink by 15%. Meanwhile, the European economy is not doing so well as you both have written about, exquisitely. So why would Putin be so willing to do not accept any victory, even a hollow one? He could go back to his citizenry and say, aha, this war, this sacrifice, we have something for it.
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