Macroeconomic analysis is simply compared to geopolitics. With the former, we can start at some baselines that will not change. The same is not true with geopolitics.
In this video I discuss how we are seeing the geopolitical situation radically altering the macroeconomics. This is causing any analysis to be fluid at best (and impossible at worst). Perhaps Buffett was right, avoid stocks in times of war.
▶️ 3Speak
I think you really made a lot of points considering the geopolitics issues happening in the world especially with the explanation on industries, that's really a nice point to really look at and the inflation and deflation of price been said also it's incredible
I have seen calls for $300 oil lately so it would be fairly crazy to see how much oil costs. I wonder how people will travel because gas cars might not be worth it.
I agree that discretionary spending will drop because there just isn't enough for extra stuff. If people can't pay for food, I can fully expect a riot or something closer to a civil war.
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totally true geopolitical actions greatly affect all economic activities worldwide. Let's hope everything happens quickly and we can see our economy continue to grow
I keep thinking that someone should remind Russia that they tried to annex a far smaller and seemingly ill equipped foe in Afghanistan... and even with all their might and war machine, nine years later the Russians withdrew, unsuccessful. Depending on who you ask, that war contributed to a lesser or greater extent to the collapse of the USSR.
But I guess Putin has a short memory, or is mentally ill. Unless, of course, his objective is not bringing Ukraine back into the Russian "Empire," but to cause global economic collapse... which would still make him mentally ill.
In the meantime, I guess all we can do is watch it all unfold and hope for the best.
=^..^=
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