I mean causing damage on Russian economy.
If US and EU don't have trade deficit, Russia can still sell oil to some countries in exchange for the stuff they produce, but can't get hard...
I don't think it will work without new trade war with China. Even if US and EU avoid Russian oil, China can buy it using trade surplus with US...
I don't see any possibility Europe can get rid of energy imports from Russia in the near future. It takes years to build nuclear power plants or...
It's up to Europe to decide whether to impose oil embargo on Russia. Economic sanction doesn't work as long as Europe continues to buy oil from...
Could someone explain why Russia didn't invade during Trump presidency?
I need to make a correction. What the government has done so far is giving free money to the unemployed(poor) AND creating asset bubble(for the rich).
If the virus is here to stay, structural change of the economy is needed to accommodate it: 1. Leisure and hospitality industry should be scaled...
The worst case scenario is covid variants keep coming and the new vaccine is always a few months behind the new variant. You always have the risk...
I am a bit surprised Powell wants to speed up tapering. What would he do if end of QE plus omicron variant send the economy into recession?
I always have this question in my mind. If Treasury debt buyers decide they won't buy any more unless they are paid 5% interest, what would the...
I don't think Fed can afford a high interest rate to fight inflation. They can raise bank reserve requirement to reduce money supply. Recession is...
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