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European Union

A Century of Unions in Europe (1920-2022)

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Putin’s State of the Union

Putin’s State of the Union

Paul Craig Roberts

Putin has given a remarkable address to the Federal Assembly, the Russian People, and the peoples of the world.

In his speech Putin revealed the existence of new Russian nuclear weapons that make it undisputably clear that Russia has vast nuclear superiority over the United States and its pathic NATO vassal states.
In view of the Russian capabilities, it is not clear that the US any longer qualifies as a superpower.

Citi's "What If?" Scenarios: Part 2

Citi's "What If?" Scenarios: Part 2

Yesterday we published the first set of 7 "What If" scenarios that didn't make it into the Citi Credit team's (already rather gloomy) year-ahead forecast. Because while Citi's "base case" was clearly bearish (our summary can be found here), what was left unsaid was even more unsettling, if not troubling. As the bank's credit team wrote "what about the outcomes that didn’t quite make it into our base case?

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