“We’re the Sucker”

by James Rickards
Daily Reckoning

I’ve written at length about how Ukraine is badly losing its war with Russia.

The U.S. and U.K. media have been a continuous source of misinformation and lies on this topic, so it’s not surprising that most Americans believe that Russia is losing badly.

But it simply isn’t true.

Over 200,000 dead Ukrainian soldiers speak as if from the grave about how badly Ukraine is losing. They’ve lost much of their best personnel and are sending fresh troops to the front lines with only rudimentary training. Many of them don’t last more than a couple of days.

On the other hand, Russia is in the process of mobilizing 400,000 new troops. That’s in addition to perhaps 400,000 now in Ukraine, and 300,000 or more in reserve.

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