JPCE Watchdog News- Jared and Ricky: "Ukraine at a Crossroads: NATO Ambitions, Economic Challenges, and Geopolitical Shifts"
INTRODUCTION:
Ricky and Jared dove into a dynamic conversation about Ukraine's geopolitical landscape, exploring everything from the nation's prospects of joining NATO to its current financial struggles. Their discussion also ventured into the intriguing possibility of affordable property investments in Ukraine and how the availability of cheap labor could impact international relations. As they reflected on a thought-provoking video they had watched, the pair laid the groundwork for future discussions, including a deep dive into Ukraine's upcoming election, which they plan to follow together in their next meeting.
US Troop Removal, Ukraine NATO, and Strategic Deterrence: Time 0:00
Ricky and Jared discussed the potential removal of US troops from Europe. Ricky mentioned it was a crucial point in a document he reviewed, possibly from the Key of Independent or the Key of Post controlled by Soros. They also discussed the geopolitical situation in Ukraine, with Ricky expressing skepticism about Ukraine's potential NATO membership and the possibility of Ukraine obtaining a nuclear weapon. Additionally, they discussed Ukraine's plans for a non-nuclear strategic deterrence package and the potential for special agreements on joint investment and use of natural resources with the EU and the US. Ricky also shared his concerns about the Ukrainian mentality regarding receiving aid and weapons from the US and the EU without any expectation of repayment.
Ukraine's Financial Situation and Debt Implications: Time 11:29
Ricky discussed the financial situation of Ukraine, highlighting that the country owes around 300 billion dollars, including debt from before the war, COVID-19, and the ongoing conflict. He noted that Ukraine has a default pause on debt repayment until the war ends, but when it resumes, at least 30-50% of the country's GDP will go towards servicing old debts. Ricky also observed the decline of the Ukrainian currency, the Grieve, from 1 USD to 24 Grieve in 2018 to 1 USD to 42 Grieve in 2022. He expressed concern that if Ukraine cannot pay its debts, financial institutions in New York and London may cause the Grieve to crash, potentially devaluing it to 100, 200, or even 500 Grieve per USD.
Ukraine's Economic Situation and Comparison to the US- Time 17:51
Ricky discussed the economic situation in Ukraine and compared it to the US. He explained that the value of the Ukrainian currency, the Grieve, has significantly decreased over the years, with $1 now equivalent to 40 Grievena. He suggested that this devaluation results from the government passing off the economic burden to its citizens, making them poorer. Ricky also highlighted the difference in shopping habits between Ukrainians and Americans, with Ukrainians preferring to shop at open-air markets and pay in cash to avoid bank commissions. He warned that if the Grieve continues to rise, it could lead to a further economic collapse in Ukraine, similar to the Weimar Republic situation. Jared agreed with Ricky's observations, noting similarities between the financial situations in Ukraine and the US, particularly the impact on the middle class.
Pension and Retirement Systems Comparison- Time 27:21
Ricky discussed the pension and retirement systems in Ukraine and the US, highlighting the significant differences in benefits. He noted that in Ukraine, an average pension is equivalent to about $50-$60 a month, while in the US, his grandmother receives over $2,000 a month due to her marriage. Ricky also shared his personal experience with a disability check, which he receives despite having no work history. He expressed frustration with the system's unfairness, particularly in comparison to his grandmother's situation. The conversation ended with Ricky mentioning the concept of a "lock box" from the past, which Jared seemed to remember.
Ukraine's Military Role and Global Conflicts- Time 33:30
Ricky and Jared discussed Ukraine's potential post-war security architecture, focusing on its military capabilities and possible role in strengthening NATO. They also touched on the involvement of North Korea in the conflict, with Ricky expressing skepticism about Ukraine replacing US military contingents in Europe. The conversation ended with Ricky sharing a personal anecdote about a friend who visited North Korea. They also discussed the ongoing conflict between Ukraine and Russia, with Ricky expressing his views on the involvement of Iran and China and Jared mentioning Israel's actions against Iran's proxies. The conversation concluded with Ricky suggesting a hypothetical real estate scenario in Ukraine.
Ukraine Property Discussion and Features- Time 41:16
Ricky and Jared discussed the potential for affordable property purchases in Ukraine, particularly outside cities. Ricky shared his screen showing a property listing, highlighting the cost of a 500-square-foot apartment for under $20,000, which he compared to a Detroit house. They also discussed the condition and features of an old Soviet apartment, including the chintzy doors, washing machine in the bathroom, and the city's heat system. Ricky mentioned the new water heater and the potential for changing the apartment's appearance with vision and money. Jared confirmed Ricky's observations and expressed interest in the unique features of the apartment.
Ukraine Apartment Investment and Remodeling Discussion- Time 49:14
Ricky discussed the potential of buying an apartment in Ukraine for a relatively low price, remodeling it, and then renting it out for a higher income. He suggested this could be a long-term investment strategy, allowing for savings and travel. Ricky also showed examples of apartments and houses for sale, highlighting their prices and potential for renovation. He mentioned that some of these properties might have been on the market for several years.
Ukraine Real Estate Market and Investment Opportunities- Time 57:53
Ricky discussed the affordability and potential investment opportunities in the real estate market in Ukraine. He noted that while some properties were unfinished or needed renovation, they were still cheaper than comparable properties in the US. Ricky also mentioned the possibility of buying land for a relatively low price, which could be a good investment opportunity. He used Google Translate to navigate the Ukrainian real estate listings and expressed interest in finding a plot of land for sale. Ricky compared the affordability of land in Ukraine to the cost of land in the US in the 19th century, highlighting the availability of large plots of land for significantly lower prices. He also mentioned the potential for off-grid living and the need for due diligence in understanding zoning laws before purchasing land. Jared agreed with Ricky's assessment of the situation.
Ukraine's Potential NATO Membership Discussion- Timw 1:07:23
Ricky and Jared discussed the potential of Ukraine joining NATO. Ricky expressed doubts about Ukraine's entry into NATO, while Jared shared a video of the NATO Secretary General discussing the strengthening of NATO's presence near Russia's borders. They both agreed that the timing of this discussion was interesting, considering the upcoming elections. Ricky also mentioned that he would look up more information on the topic. Ricky clarified that while Ukraine is not currently a member, it is on a path to NATO membership, with various bilateral and national security guarantees in place. He also mentioned that Ukraine is part of NATO's Partnership for Peace and has been involved in NATO's action plan since 1997. Ricky suggested that the European Union's visa-free agreement with Ukraine will modernize its infrastructure and bring it into the modern day.
Role of Cheap Labor in International Relations- Time 1:20:52
Ricky discussed the role of cheap labor in international relations, using the example of Eastern European countries like Ukraine, Moldova, and Russia. He suggested that these countries are often used as a source of cheap labor by wealthier nations like Germany and France. Ricky also touched on the cultural aspect of this phenomenon, noting that it is more prevalent in the US than in other countries. He further speculated that the need for a "bad guy" or a constant threat, like the ongoing war in Ukraine, serves to keep the US population active and engaged. Jared asked about the purpose of the war, to which Ricky responded that it serves the interests of the US and its politicians rather than directly benefiting Ukraine.
Discussing Videos and Trump's Policies- Time 1:30:23
Jared and Ricky discussed an exciting and humorous video they had watched. Ricky mentioned two videos, one from Babylon B and another from January 6th, 2021. They agreed to watch the videos in their free time and share their thoughts. Ricky also discussed potential changes to Trump's policies and appearance, referencing a Babylon Bee article, and mentioned the COVID-19 virus and the possibility of a giant face mask to contain it. Jared expressed interest in watching the Babylon Bee article and planned to continue the discussion in the next meeting. They also discussed plans to watch the upcoming election together, possibly involving a third person and the idea of going live on Facebook during the event.
In Christ, love Jared W. Campbell
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