The Russia-Ukraine war is going to damage the global economy

[Hardkill]

Given the growing amount of sanctions on Russia, economists have been saying that the global economy is now going to be negatively affected to varying significant degrees depending on each country. 2nd and 3rd world countries around the world as well as all of the western, central, northern, and southern European countries are very likely going to be very devastated by the economic consequences of this abominable war. Other countries such as America will still be alright economically compared to almost the rest of whole world. However, the prices of gas, wheat, and few other types of supplies in America are going to significantly increase throughout the entire country.

https://www.nytimes.com/2022/03/08/opinion/putin-russia-ukraine-economy-sanctions.html

Noam Chomsky even said recently said that this war could cause global hunger to increase significantly.

https://nymag.com/intelligencer/2022/03/how-much-financial-damage-could-russia-do-to-the-u-s.html

It's bad enough that we've have had to worry about the COVID pandemic, rising inflation, upcoming midterms elections, and the Republican party's plans to try to steal future elections and then take back control of America with a vengeance. Now almost everyone around the whole world will have to deal with the great pain that will becoming because of how much of a dent there will be on the world economy in a number of ways.

 

 

 

Edited March 12, 2022 by Hardkill

[Preety_India]

First Covid, now this. I wonder what's next. Beginning to feel like we're in a dystopia.