Ukraine wants a war of attrition but Russia wants to avoid it at all costs. To end the war quickly, Putin needs to (1) show the west that Ukraine cannot win the war and (2) raise the economic cost to Europe for supporting Ukraine. This means over the next 6 weeks we should expect Putin to launch a major offensive while using Russia's energy leverage (or blackmail depending on your point of view) to the hilt. This will have potentially massive ramifications for not just Europe but the global economy and financial markets. A former top-ranked Wall Street global macro strategist tells it as it is. You may not agree with everything he says but he will make you reassess everything you thought you knew.

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#russiaukrainewar #naturalgas #inflation
european central bank david woo

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