Shock Waves Hit the Global Economy, Posing Grave Risk to Europe

6 points by manjana 2 years ago | 5 comments
  • trasz 2 years ago
    This is a fantastically badly timed article, given how the Russian “second army in the world” is literally fleeing in masses as we speak. Which means, Russian gas might soon became unprecedentedly cheap.
    • Bakary 2 years ago
      The Russian economy was also supposed to collapse months ago based on how the sanctions were portrayed. It makes more sense to not assume too much too soon.
    • nostrademons 2 years ago
      It might, or Russia might set off a nuke in the next month. That's their doctrine for when they're losing conventionally, after all, and they've certainly threatened it. If that happens gas is going to go sky-high, as we'll probably be immersed in WW3.

      Hard to predict the future, particularly in times of crisis. I'd expect expectations to ebb and flow like they have since the pandemic started.

      • trasz 2 years ago
        A nuke, assuming it works, would probably mean the end of Russia as a nation. It’s highly unprobable.