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519. Has Globalization Failed?

Freakonomics Radio

The Political, but Especially Economic, After Effects of This War

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Russia and Ukraine export about 30% of the world's wheat. The West is very much cutting Russia off as an unreliable partner, so that will make it look more towards China. There are going to be short-term economic scrambles on things like food security. We think about things like bread crisis as being one of the factors in Arab Spring.

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