Matthew Klein on the Economic Fallout from the Russia-Ukraine War
Macro Musings with David Beckworth
00:00
The Financial Crisis in Ukraina
After the first russian invasion in 20 14, the ukranes or by default, ended moving more economically towards europe. They didn't really have any kind of later boom because there wasn't ou the gains to be had from rising oil and gas price. There was a lot of corruption, a lot of problems that we familiar wit h sort of other post soviet countries. You didn't really see that in ukraine at all. And then you know what, exactly happened to prompt the specific attack? I mean, i guess it was surprisendi the ucranian community was not surprised they said this can't be why they were being attacked.
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