Current Affairs Ukraine

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Germans just committed an additional €100bn Euros to defence spending and are going to enshrine 2% of GDP on defence spend in their constitution.

It's a game changer. They're going to become the most powerful military in Europe.

Putin has really cocked this up, strategically. He's re-militarised the Germans.

It’s not an additional 100bn euro, it’s taking spending up to 100bn. It’s still a big change though.
 
Germans just committed an additional €100bn Euros to defence spending and are going to enshrine 2% of GDP on defence spend in their constitution.

It's a game changer. They're going to become the most powerful military in Europe.

Putin has really cocked this up, strategically. He's re-militarised the Germans.
Indeed, I'd go as far to say this is one of the most significant moments of the response so far.

A reinvigorated Germany willing to play a more proactive role within NATO is absolutely huge. Hugely welcome news.
 
the bank runs begin





As I mentioned over the last pages, if the sanctions are imposed as expected then 7 days later there will be a massive effect with the population. 7 days of bank runs and angry Russians.

You cant hold back peoples money as they will go loco.
 
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