“Any deal will be designed to compensate for the money we’ve wasted on this war already and will only involve areas that Ukraine still controls.”
Which is about 30% (and shrinking) of their total mineral deposits. They should have taken the deal Putin offered in Dec. 2021, where they would retained Eastern Ukraine...now it’s part of Russia.
Might be worth a reminder . . . does everyone have a really good quantitative feel for the particular reality of $37 Trillion?
One can very safely conclude that $100B+ per year is beyond capacity. If the administration decided it wants to do this, it’s very possible the system won’t allow it. Bond yields might spike to 15%.
I can assure everyone, if analysis says a surge of bond yields is because traders cannot tolerate another $100B+ sent elsewhere, then that will be that.
Or abided by the Minsk Accords or took the deal worked out in Turkey in March of 2022.
But, Zelensky decided he needed another mansion or two and decided to be Biden and Boris Johnson's puppet.