I haven't said much about Ukraine lately because it doesn't seem like much has changed. Ukraine and Russia are still slugging it out and while there is some speculation that something may change, I can't tell what it might be. All reports on the war are suspect as the war is also being fought on the propaganda front. Best to treat all reports as exaggerations if not outright lies.
Now we have a report from James Howard Knustler that echoes my feelings on the situation:
Via Zerohedge
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