Putin in a Lose – Lose Dilemma He Created

Putin in a Lose – Lose Dilemma He Created

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In-Brief

  1. It is all uphill for the Democrats as they try to hold the House and Senate in the November midterms.
  2. Russia has made serious threats of an invasion of the Ukraine through their actions and words. The US and Europe have responded very strongly. The West’s reactions have been and will be political, financial, and economic, and will be devastating for Russia and its oligarchs.
  3. A shooting war between Russia and the US and NATO is extremely unlikely unless Putin attacks a NATO country directly. President Biden has handled this crisis well so far, but the American people want no part of a war. Putin has created a lose-lose situation for himself and now must decide how to minimize his losses. China’s support of Putin is not new and changes little.
  4. The US economic recovery continues to be strong, as is the job market.
  5. High inflation is still badly hurting tens of millions of American families. Inflation is likely to slow gradually in 2022, but only gradually as supply and demand get more in balance.
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