Economic Darkness

[David Morris]

https://twitter.com/tashecon/status/1513465376167895047?s=21&t=ZeGMGnt9Z667nDCYOo6XmA

Putin takes Russia into a decade of darkness and lost economic opportunity.
Ukraine has bright recovery prospects
While Putin take Russia into a decade of darkness

Now assuming the government in Kyiv survives, it will likely get huge
financial support from the West to ensure it is sustainable after the war
ends. There is talk of a new Marshall Plan for Ukraine, to rebuild the
economy and importantly the Ukrainian military as a new bulwark for NATO
which now faces a huge, and renewed threat from Russia.
[•••]
The obvious big concern/caveat with the above remains the position of
Russia. Likely even with a peace agreement, Russia will remain a malign
actor on Ukraine’s frontier for long to come, and as long as Putin remains
in power. Russia will continue to act to undermine and destabilise Ukraine,
hence the extra importance of the EU accession backstop. The EU and NATO
have to fully recognise that if they are to stop the aggression and
expansionism of Russia into Europe, it has to start in Ukraine, which is
the new front line for Europe against Russia. I think the realisation is
now finally dawning.