commentary on the ukraine war from jim rickards;

I’ve said from the start that Russia will win the kinetic war in Ukraine and the global financial war as well.

That doesn’t mean I’m pro-Russian or condone Putin’s invasion. It’s just my objective analysis based on the facts.

Of course, winning is a subjective term in both contexts. As applied to the kinetic war, winning does not mean a complete conquest of Ukraine. That was never Putin’s goal.

It means Russia will control the Donbas region in the south and east and the coastline of Ukraine, including the Sea of Azov and the Black Sea. Russia has already secured a land bridge from Russian territory to Crimea and likely plans to extend its coastwise control to Odessa.

Russia’s occupation of Snake Island gives it de facto control of Black Sea access to Ukraine already. Russia also occupies Kherson, which controls access to the Dnieper River in central Ukraine, which is the main access to the sea from the capital Kyiv.

What Good Are Weapons if There’s Nobody Left to Use Them?

None of this has been easy. It has been slow, brutal and costly. But Russia is not losing militarily, no matter how many videos you may see of destroyed Russian tanks.

Ukraine’s President Zelenskyy is now admitting that he’s losing up to 100 men a day, with many more wounded. The actual figures are probably significantly higher........more........