Recent Days’ radio interviews (20min. ea) on latest developments in Ukraine and growing economic impacts (inflation, growth slowdown, financial markets, etc.) as well as long term consequences (supply chains, global economic institutions, role of US $, etc.)
March 2, 2020
https://drive.google.com/file/d/1HSENfQOGXimbG5dlwCPpnIypoUAgxkov/view
Feb. 25, 2020:
https://drive.google.com/file/d/1GR9momBZaSzpSF-BHUUkK_IqDqhXxYn7/view
Feb. 24, 2020:
https://drive.google.com/file/d/1srtHlEDgbZkgGuTH8yBoUVAh40tJFFwC/view
Good interviews, good hosts who understand the economic dangers of Russian sanctions better than our self appointed elites. A fundamental component of the financialized globalized American economy is low or no interest rates. The stock market itself is dependent upon low or no interest rates [the Greenspan ‘put”] since the financilized economy has separated itself from the real economy. So this brings up the crisis envisioned by Central Bankers on the Ropes. If the Fed needs to raise rates to control inflation it will have a severe impact on the stock market and other financial instruments. But if it doesn’t, it can’t control inflation with all of the dire effects of significant inflation on the economy. The only other option is price controls which is unacceptable to the Fortune 500.
Jack,
Re the proposition to replace Russian pipeline gas with US shipped gas.
Has anyone done the economic numbers on:
1. How many ships this would take?
2. How many gas terminals in the US and Germany this would take?
3. How many of everything would need to be built?
4. Unit cost of delivered gas?
Any thoughts on this as a strategy to remove Germany from international markets and so giving advantage to our US-Anglo friends?
Les in Melbourne . . .