The Ukraine conflict is one of the key events of 2022. Indeed, the size of the conflict as well as its effect on the world has been notable and hard to ignore. From the news to social media the conflict has been in the spotlight, however, in the last few months there’s been a major decrease in its coverage. The truth of the matter is that like any event, the amount of coverage that a singular conflict or war will receive is diminishing, as people move on to other issues and with their lives.
Even so, the reality of the situation does not change for those at the frontlines; if anything, one can argue that the situation in Ukraine has worsened. But this should be something we all pay more attention and concern, at least according to British Prime Minister Boris Johnson. He even made some specific comments with regards to America’s role in the conflict as a supporting actor, explaining: “I would just say to people in the United States that this is something that America historically does and has to do, and that is to step up for peace and freedom and democracy….. And if we let Putin get away with it, and just annex, conquer sizable parts of a free, independent, sovereign country, which is what he is poised to do, then the consequences for the world are absolutely catastrophic, we’re legitimizing further acquisition by him by violence of other parts of the Soviet Union.”
Do you agree with Johnson’s perspective of the Ukraine conflict and if Russia takes Ukraine, how badly will financial markets be hurt?
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.