For weeks, we've detailed how Russia's invasion of Ukraine has sparked one of the most significant commodity shocks the world has ever experienced. It even supersedes changes to commodity markets in the 1970s and involves every commodity from grain to fertilizer to crude to metals.
In a series of charts (provided by Bloomberg), we will show just how the Ukrainian conflict and Western sanctions on Russia are choking the world's supply of natural resources, driving up prices.…
The West trying to isolate Russia from the global economy with devastating sanctions and restrict its trade worldwide produces unimaginable inflation that could send the world into a stagflationary hellhole (the US bond market is warning about impending doom). Shortages of commodities could develop as prices skyrocket.
Could all of these disruptions suggest the next world war has begun? Billionaire Bill Ackman thinks so.
Regardless of Bill Ackerman thinks, wars are often fought over access to natural resources. Control of the world's natural resources is an integral aspect of global hegemony. Go figure.
Did Biden & Co. fail to think this through or is it part of the plan, too.
Zero Hedge
These Charts Show Russia's Invasion Choking World Of Natural Resources
Tyler Durden
https://www.zerohedge.com/commodities/these-charts-show-russias-invasion-choking-world-natural-resources
Zero Hedge
These Charts Show Russia's Invasion Choking World Of Natural Resources
Tyler Durden
https://www.zerohedge.com/commodities/these-charts-show-russias-invasion-choking-world-natural-resources
1 comment:
We don't "fund" Russia's war by buying their oil. Ackman got lucky on his short trade during Covid. Where's Carl Icahn when you need him? Do us all a favor, Carl, and beat this sissy up.
Post a Comment