from Armstrong Economics:
A number of people have written noting the report by Reuters that Russian tanks flattened a town in Eastern Ukraine and how that has lined up with our warnings that conflict will start to rise in September and then we should see more of an issue in November. Even the Ferguson issue is distinguished from the 1960s by the militaristic response that has captured the attention of worldwide media and international civil rights groups. The 1960s riots were confined to race and normal police responses. Today, the police respond as military divisions – starkly different from the 1960s.
We expect to see an escalation in conflicts in Ukraine and this will be the international flash point. People do not appreciate Ukrainian history. Stalin executed more Ukrainians than Hitler killed Jews.
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