Are we heading for the “Tsar Bomba Tantrum"?
Russia sanctions don’t just freeze national assets, they cut off $300bn in funding to money markets (Pozsar). Add the general run into $ safe haven -> nasty squeeze on global dollar system. Will Fed react?
adamtooze.substack.com/p/chartbook-89… https://t.co/KfX1sqWEXO
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter