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Russia/Ukraine Crisis To Cause Commodity “Doom Loop” | Jacob Shapiro
Forward Guidance
The High Stakes of Sanctions on Russia
The sanctions that the West could impose on Russia those could be crippling for Russia and perhaps Europe as well. If suddenly Ukrainian wheat is not making to market because of whatever whether it's being blocked out through the black sea Because there's a war going on whatever else we're gonna see that show up in food prices, global inflation, etc. And I don't know how long it can last maybe for a little while They've built up their national reserves But if the US and the West want to go to you know pariah level North Korea Iran sanctions on Russia It's a cataclysmic problem for the Russian economy.
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