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Saturday, February 22, 2014

The boiling over of Ukraine!

It should have happened long ago...a territory filled with people that have 2 different dreams. One side wants the West and the other prefers working with Russia. The solution is obvious and maybe the pol. class has stumbled upon it. Play off both sides. Indeed recent events could be read in that fashion. First scare the West into offering more concessions. Now, with the recent agreement stepping away from a Presidential system and towards a more Parliamentary one, squeeze Putin for better loan offers. Of course it is too bad that people had to die. But that certainly makes the drama, and the shifts, more compelling. I know nothing about the region, but this tantrum could be the start of a better future. At these levels, I would buy some long term Ukrainian bonds right now.

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