FED sees the turmoil as an excuse to not begin rate increases.
I see this as more than a nothingburger.
Push comes to shove, world can't run without russias raw materials and exports. Imagine huge shortfall in ammonium nitrate missing? Who is going to grow enough food without fertilizer?? Stack that up on the other exports.
Then, the "escalate to de-escalate" supposed doctrine. yes, ...doctrine believes in use of small cans of sunshine to bully other side to stand down
Then there is Taiwan and their foundries that make about half of all semiconductors. Lose that and .uh oh.
[Post edited by ColoVT82 at 02/24/2022 8:00PM]
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In response to this post by bourbonstreet)
Posted: 02/24/2022 at 7:49PM