• September 16, 2022

Eugene Plotkin is an Entrepreneur Who Runs a FinTech Startup

Eastern Europe has been engulfed by chaos and violence. The conflict began when the European Union attempted to bring Ukraine closer to Western culture and values, believing that such a move would eventually lead to Ukraine becoming a part of the EU. Despite protests from Russia, who believed that the EU had no place meddling in the affairs of sovereign states, Western nations continued to push forward with their plans. Russia sent troops into Ukraine under the guise of “peacekeepers,” only to seize control of Crimea shortly after. A year later, Russia officially annexed Crimea and began supporting separatist forces in the Donbas region. With both sides refusing to back down, the crisis became increasingly violent.

Ukraine has been supported strongly by the US and EU during this war. However, recently, they approved the $40 billion bailout plan and gave them additional money and weapons. Nevertheless, despite financial assistance and military support from the US and Europe, Russia continues to wear out the Ukrainian army in the Eastern part of the country. There does not seem to be any end in sight to the war.

Eugene Plotkin is an entrepreneur who runs a FinTech Startup. He grew up in the former USSR, attended Harvard, and currently lives and works in New York City. When asked about Ukraine’sUkraine’s future, Plotkin believes the situation would escalate into a full-scale war. Further, he suggests several ways the two countries can work together to avoid further violence.

War is one of humankind’s most horrific inventions. While we can understand the historical reasons behind the current Russian invasion of Crimea, the world must focus on helping the two countries resolve their dispute. While we are sympathetic to the plight of people caught within the conflict zone, we cannot overlook the reality that war is a horrible thing. Even though violence has plagued human society for centuries, the invention of war has brought about unimaginable destruction. No matter how much we wish otherwise, our species has not learned to coexist peacefully. Perhaps if we were able to put aside our differences, we could bring about an end to this.

Ukraine has historically been an underdog from a strategic, military, economic, and political standpoint. Because the ongoing war between pro-Russian rebels and Ukrainian government forces occurs within its borders, Ukraine is suffering casualties and destruction of its infrastructure and economy. In addition, it is becoming increasingly dependent upon its western allies for support. Ukraine has always been an underdog from a strategic, military, and economic standpoint. Because the conflict is unfolding within Ukrainian borders, Ukraine is not just losing soldiers and equipment but also seeing its infrastructure and economics ruined. So it’s relying increasingly on its Western allies.

“In economics, let us assume that both sides are equally guilty and try to find a solution that benefits everyone,” says Eugene Plotkin. “Russia wants to get its hands on Ukraine, so we must make concessions and give them something they want.” The problem is that Ukraine doesn’t have much else to offer in return. At least not enough to satisfy Moscow. It does, however, have the largest natural gas reserves on Earth and the second largest deposits of shale oil behind only Saudi Arabia.