Global Supply Chain Snafus Just Got Worse.

The global supply chain crisis was underway well before the War in Ukraine. In some respects, it can be traced to the beginning of the trade war under Donald Trump in January 2018. As Trump imposed tariffs aimed at China, the Chinese retaliated with tariffs of their own. Tariffs raise costs to suppliers and end-users,…

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Deconstructing the ‘sanction war’ between Russia and the US

Click here for the Fox Business interview. Signs of looming financial damage are becoming apparent at many of the world’s biggest money managers, including BlackRock Inc. and Pacific Investment Management Co. But it’s not likely to be limited to these giant funds. Because much of Russia’s debt was rated investment grade just weeks ago, the securities were…

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The First Big Victim Of Russia-U.S. Financial Warfare Is In … China.

Looking at the multi-dimensional battlespace in the Russian-Ukraine War (including kinetic, cyber, economic, and resource-related), we see mostly losers and no immediate winners. Ukraine’s infrastructure is being ruined, its military degraded, and its civilian population is suffering tragically. Russian citizens are being economically deprived – its economy will probably shrink 25% in the first half…

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The Sanctions Have Been Imposed. Now The Workarounds Begin.

The U.S. and its allies in the EU, and others around the world have imposed the harshest economic sanctions on Russia that have ever been used. Russia has been kicked out of the SWIFT global financial telecommunications system. A long list of Russian banks, oligarchs, and major companies have been listed among those who cannot…

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