New article out by RethinkX that attributes Russian invasion of Ukraine to a decline in global oil demand (upon which the Russian economy is built). For context, since 2014, Russia's per capita GDP dropped from $14k-9k (35%).
Tony Seba (of RethinkX) predicted Russian aggression in the early 2020's six years ago in 2016. His reasoning: global transition to renewables will leave oil assets stranded - Russia serving as the worlds top oil & gas exporter, would be left uniquely vulnerable and looking for ways to reassert its global power and authority.
If this was the reasoning it backfired in a big way, as many nations are now implementing strategies to accelerate their transition to renewables and achieve energy independence, further accelerating the global energy disruption.
Great article, quick read, check it out: