Saturday, February 26, 2022

Deja vu

Watching to unfold the Ukrainian events is reading the same scenario as it unfolded in Hungary in November 1956. This is deja vu. They are using the same excuses for attacking as they used way back then. At that time they came in under the pretense of rescuing the beleaguered communist government. 

Veni, vidi, vici. They came, saw and conquered. And they stayed for about 40 years! I am not the wisest person in the world, but I have my own opinion about this fiasco. I pretty much guess what the outcome will be. But the bottom line is that because of the sanctions Russia will use the eye for an eye attitude and us the consumers will pay for the increased prices across the board. Because prices of everything will go up.

Today all countries are interconnected financially as well as economically and any problem in one location (war, financial, economical) will have effect at other locations, like here. The US is always boasting that we are self-sufficient energy wise, yet as soon as there is a problem somewhere else in the world our gasoline priced soar. Why?

We are very quick to help other countries when they are in trouble. But what about us here? 

Here is short story I remember reading in a paper. I vaguely recall that a long time ago a locality here in the US had some kind of a municipal problem where they needed financial assistance. The local government denied this request. So, the locality wrote to the Soviet government and asked for help. The Soviets immediately agreed. Once this story surfaced the local authorities immediately found the necessary capital just to avoid the embarrassing situation.

  


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