Russia Ukraine war, page-133975

Under more normal financial conditions aka QT without the Covid QE pump the leverage effect of the ZiRP would be buffering these expensive money through credit. The banking crisis if inflation keeps going up will push even more deposits to the big league banks exacerbating the crisis further. California being the largest state economy is suffering a 30% office empty office space and it's showing through the regional banks who are their main lenders. Which big tech is hiring now? It is cost cutting and that include less office space for culled workers.

I'm sure Putin is aware of this inflation genie through the energy tap he controls. The haves (commodities) v the haves (promissory note paper). Joint to be "interesting" but let's hope Kiev buildings remains intact and de-escalation. I have a view now on how this is achieved but the events will decide. Opinions are like A holes.....