Bill Ackman is urging the Biden administration to be prepared to take action beyond economic sanctions if the conflict between Russia and Ukraine does not resolve itself.
Ackman clarified in a later tweet that he is not advocating military intervention. However, he emphasized that action needs to be taken in response to Russian President Vladimir Putin threatening to use the nuclear option.
"We need to set a red line on the use of nuclear weapons to deter their use," he said. "If the unthinkable happens, I see no alternative to our entering the war."Ackman's comments come as Russian and Ukrainian officials met for talks Monday amid high hopes but low expectations for any diplomatic breakthrough, after Moscow ran into unexpectedly stiff resistance when it unleashed the biggest land war in Europe since World War II.
Outgunned Ukrainian forces managed to slow the Russian advance and Western sanctions began to squeeze the Russian economy, but the Kremlin again raised the specter of nuclear war, reporting that its land, air and sea nuclear forces were on high alert following Putin’s weekend order.
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