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2022 in Review: The war in Ukraine, U.S. vs China, Britain's woes
Fareed Zakaria GPS
What's the Longest-Aging Repercussions of the Russian-Born Ukraine?
I have never in my career seen a geopolitical shock, an energy shock, and a macroeconomic shock coming together in the way that they have this year. I think it's sort of easy to underestimate quite how profound the transformation is that's going on. Europe was Russia's biggest customer for its gas, and Europe is wholesale changing its energy system at warp speed. The commodity-priced spike has caused terrible suffering in the developing world,. It's also fueled the inflationary shock. And we've seen the highest inflation rate since the 1980s.
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