• Sat. Feb 24th, 2024
Risk-On Vs. Liquidity Squeeze

World leaders boldly came up with a plan to not take any responsibility for the economic hardships the world is going to face. When in doubt, just blame it on Ukraine. The Wall Street Journal reported that, “Leaders of the Group of 20 countries unanimously endorsed a declaration saying the war in Ukraine is hurting the global economy, a message that showed Russia’s increasing isolation on the world stage as the costs of the conflict mount.” So, in other words, do not try to blame Europe for idiotic green energy policies or massive, out-of-control money printing for inflation, just blame it on Ukraine. Not only does that give cover to world leaders, it’s so very convenient.

Image and article originally from www.barchart.com. Read the original article here.