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Published Mar 2, 2023

The State of Play: Markets, Economy, and Ukraine

Scott Galloway delves into the complexities of the Ukraine conflict with Ian Bremmer, analyzing the strategic roles of global powers, while Liz Ann Sonders dissects the mixed economic signals impacting markets and potential recession forecasts. Galloway also shares a personal narrative on managing anger and the journey toward emotional peace.
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  • Ukraine Conflict

    The conflict in Ukraine has significant implications for global politics and alliances. highlights the strategic moves by the US and its allies, including sanctions and military support, aimed at countering Russian aggression 1. Despite the challenges, Ukraine has shown resilience, regaining control over much of its territory and securing support from the European Union 2. Bremmer notes, "The United States is doing an enormously strong job at putting together and leading an alliance to defend the Ukrainians and punish the Russians."

    The United States is doing an enormously strong job at putting together and leading an alliance to defend the Ukrainians and punish the Russians.

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    This ongoing support has bolstered Ukraine's position, but the future remains uncertain as geopolitical dynamics continue to evolve.

       

    China's Role

    China's role in the Ukraine conflict is becoming increasingly significant. discusses China's strategic positioning, including its twelve-point peace plan, which reflects a shift in its global stance 3. This move indicates China's growing influence and its attempt to mediate in international conflicts, a role it traditionally avoided. Bremmer points out, "China's playing a much more significant role today in this conflict than they were even a week ago."

    China's playing a much more significant role today in this conflict than they were even a week ago.

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    The US and its allies are wary of China's involvement, as it could alter the balance of power and impact the ongoing support for Ukraine.

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