The War Was Imminent, Now Here’s What’s Next for the World Economy
Are we about to see WW3?
If you’re like me, you were glued to your screen yesterday, watching the news of war breaking out between Ukraine and Russia.
It’s the largest military attack since WWII. And the situation is getting much worse:
- There’s fighting in the Chernobyl Exclusion Zone
- No one knows how much of Ukraine Russia now controls
- Massive explosions and fighting are being reported, including in Kyiv, Mariupol, Odesa, Kharkiv, and too many to list right now
Martial law has been declared in Ukraine and Ukrainian president Volodymyr Zelensky has now called on the West to close the airspace amid the Russian operation.
Now, as was the case with the pandemic, there are going to be massive repercussions in many facets of every human life after this. One of them includes the world economy — which may be permanently destabilized.
Why Would Putin Tank the Russian Economy?
Before we get into this, there are a lot of people dying right now. I heard someone say on Twitter, “so many undervalued assets, seems like discount season is fully underway.”
