Posted on 02/20/2022 5:00:47 PM PST by RomanSoldier19
he Russia-Ukraine crisis is taking place thousands of miles away from the closest major US city. And yet millions of American families would feel the economic consequences of a full-blown conflict.
That's because the world economy and financial markets are interconnected. As Covid demonstrated, events on one side of the planet can set off shockwaves on the other side.
In this case, an invasion of Ukraine by Russia would likely drive up the already-high cost of living in the United States, rattle investment portfolios and perhaps even slow down the economic recovery.
"The average American household is going to bear the burden of Vladimir Putin's invasion of Ukraine," said RSM chief economist Joe Brusuelas.
Hope remains for no invasion and that recent signs of de-escalation continue. If not, there are many ways American consumers could find themselves caught in the middle of this brewing conflict.
Oil prices have jumped in recent weeks to levels unseen since 2014 in part because an invasion of Ukraine could derail Russian energy supply.
Russia is an energy superpower, producing 9.7 million barrels per day last year, according to Rystad Energy. That is second only to the United States and amounts to more oil than Iraq and Canada produced — combined
(Excerpt) Read more at msn.com ...
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Spending has Consequences.
You spent all the money for a couple hundred years. Sorry, your funding scam can’t be accommodated at this time.
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If those DemonRats hadn’t shut down our pipeline on day 1, this would not be a problem.
Oh I get it. From now till November the high prices and slowing economy will be Trump’s best collusion buddies the Rooskies.
The fault of
$10 gasoline...dems would love it.
No mail order chicks for me?
What we need is a really good WAR!!!!!
But what about an invasi....ooops, I mean what about national security. You right wing fascist Trump supporter do support national security, don’t you?
As I’ve been saying, if there is a war, the first thing they’ll do is order sites like FR, or any site that is criticial of this Administration to be taken down.
Let’s Go Brandon!
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That’s on every channel known to man.
Rally the idiots to throw their grandkids money away. Thank you for pointing it out.
This should be all about money and what we can’t afford.
If they ran in Afghanistan and the Grand Poobah took the riches and fled - why are we investing in Ukraine which will certainly be a long drawn out affair, and the Leader there is on travel?
Looks like History repeating itself.
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Electric Cars for everyone! wait, never mind.
If the Putin was smart, the first thing he should do is get out in front of the new media and say that he is going to stop all deliveries of oil to the USA. Do that before he orders them into the Ukraine.
We get around 12 million barrels a month or more.
Now that aint much, but it is enough to cause a panic.
What this has got to is a pissing match between a snake (Putin) and a stupid demented low life POTUS of the US.
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How do we know that Alexander Grand Vindman is not the Prime Minister of Ukraine?
Their President is traveling.
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Xiden using a “war emergency” as an excuse to impose tyranny would call for a 2nd Amendment solution. Xiden sending most or all of his “woke” troops overseas to fight the Russians would increase our odds for victory.
The installation of this great counter-fascist should be a primary goal of the new Bido-Russian winter wonderland war.
The average American household is going to bear the burden of a stolen election as well!
Which also means $10 loafs of bread, $10 cartons of milk, $10 boxes of cereal…etc
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