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MacroVoices #316 Daniel Lacalle: Energy in the New War Economy

Macro Voices

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The Driver of Recession?

Energy prices remain extremely elevated and start to feed through all the other goods and services that we utilize. So those two don't worry me as the driver of recession. Where is china going to be through this crisis with ukraine, and what are the consequences for the us? It's very, very difficult to predict,. because china right now is is in a very tough position," he says.

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