#economicwarwithrussia The Economic War Escalates In the wake of Russia’s invasion of Ukraine, the US government and EU have launched an unprecedented economic war… with seeming little thought on how it all ends.
Russia is not a tiny, feeble country that can't punch back.
Even though many people don't realize it, Russia can escalate to the top of the economic escalation ladder. Here’s why…
Russia is the world’s largest exporter of natural gas, lumber, wheat, fertilizer, and palladium (a crucial component in cars).
It is the second-largest exporter of oil and aluminum and the third-largest exporter of nickel and coal.
Russia is a major producer and processor of uranium for nuclear power plants. Enriched uranium from Russia and its allies provides electricity to 20% of the homes in the US.
Aside from China, Russia produces more gold than any other country, accounting for more than 10% of global production.
These are just a handful of examples. There are many strategic commodities that Russia dominates.
In short, Russia is not just an oil and gas powerhouse but a commodity powerhouse.
Europe cannot survive without Russian commodities.
Taking Russian commodities off of global markets would cause an across-the-board price shock that would decimate financial markets, banks, and practically every industry. Moreover, Russia also has an economic nuclear option that could blow up the Western financial system overnight.
In short, Russia has powerful cards to play.
Just like in a kinetic war, Russia can match US moves to escalate an economic war to the top of the escalation ladder.
But unlike a kinetic war, neither side is deterred. On the contrary, it seems all but inevitable that things will escalate from here, which makes the situation incredibly dangerous.
Recommended Link Not 1 in 1,000 Investors Know About This... Investors.jpg In a world where almost everything is grossly overpriced, Doug Casey has discovered a valuable source of research.
This world-class research identifies obscure sectors and specific stocks that are low-risk with potentially huge profits. Doug believes following this research is the best way to be a true contrarian investor today.
In the wake of Russia’s invasion of Ukraine, the US government and EU have launched an unprecedented economic war… with seeming little thought on how it all ends.
Russia is not a tiny, feeble country that can't punch back.
Even though many people don't realize it, Russia can escalate to the top of the economic escalation ladder. Here’s why…
Russia is the world’s largest exporter of natural gas, lumber, wheat, fertilizer, and palladium (a crucial component in cars).
It is the second-largest exporter of oil and aluminum and the third-largest exporter of nickel and coal.
Russia is a major producer and processor of uranium for nuclear power plants. Enriched uranium from Russia and its allies provides electricity to 20% of the homes in the US.
Aside from China, Russia produces more gold than any other country, accounting for more than 10% of global production.
These are just a handful of examples. There are many strategic commodities that Russia dominates.
In short, Russia is not just an oil and gas powerhouse but a commodity powerhouse.
Europe cannot survive without Russian commodities.
Taking Russian commodities off of global markets would cause an across-the-board price shock that would decimate financial markets, banks, and practically every industry. Moreover, Russia also has an economic nuclear option that could blow up the Western financial system overnight.
In short, Russia has powerful cards to play.
Just like in a kinetic war, Russia can match US moves to escalate an economic war to the top of the escalation ladder.
But unlike a kinetic war, neither side is deterred. On the contrary, it seems all but inevitable that things will escalate from here, which makes the situation incredibly dangerous.
Recommended Link
Not 1 in 1,000 Investors Know About This...
Investors.jpg
In a world where almost everything is grossly overpriced, Doug Casey has discovered a valuable source of research.
This world-class research identifies obscure sectors and specific stocks that are low-risk with potentially huge profits. Doug believes following this research is the best way to be a true contrarian investor today.
Click Here for the Details
-