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Gravitas Live - Palki Sharma, June 22 2022



The opening story is on Putin's threats to use nuclear weapons, and its deployment of weapons and escalated Defcon alert to back that threat. That it's the closest the U.S. and Russia have come to nuclear war since the Cuban Missile Crisis in Oct 1962, 60 years ago.

Also interesting is that the sanctions intended to "turn the Ruble into rubble" as President Biden boasted, have actually caused a drop in currencies of the U.S., India, South Korea, the Phillipines and the E.U.
The total opposite the intended effect.
Russia is selling its oil at vastly discounted prices, mostly to China, and India now purchases over tenfold the Russian oil that they did a year ago. But as the global economy worsens, it's questionable whether Russia can sustain its temporary gains that have increased value of the Ruble. And Russia has been hit with a 17% rise in inflation, roughly double that in the U.S., and unrest in the U.S. from rise to 8.6% inflation in one year (up from 1.4% inflation the month Trump left office) is causing support of Biden and the Democrats to crater.