Macro Outlook: The new Iron Curtain will be more expensive than the old one…
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The sanctions imposed on Russia are inflationary. They will disrupt availability of certain food items, spare parts, electronics, and household items. Many of the missing products will be procured from outside of the US/Western Europe at higher prices from third parties or intermediaries. Import substitution would be a logical, but capital-intensive response.
Macro Outlook: The new Iron Curtain will be more expensive than the old one…
Macro Outlook: The new Iron Curtain will be…
Macro Outlook: The new Iron Curtain will be more expensive than the old one…
The sanctions imposed on Russia are inflationary. They will disrupt availability of certain food items, spare parts, electronics, and household items. Many of the missing products will be procured from outside of the US/Western Europe at higher prices from third parties or intermediaries. Import substitution would be a logical, but capital-intensive response.