I don't think we should be celebrating increased sanctions in the world. It might benefit us in the short term but at the cost of increased human suffering across the board and in the long run arbitrage finds a way. I don't see how american sanctions on russia are going to stop them from selling to china and sanctions on china destroys one of the key narratives of the uranium squeeze which is the ramping up of Chinese demand for uranium. Australians in particular are experiencing the cost of a breakdown in global trade due to the pandemic, I don't want to see that prolonged by war. Well, not much we can do about it but we can at least not dance when we find ourselves benefitting.
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