The reason that I mentioned other economies impacted by
this completely unnecessary Ukrainian war is that there was a bout
of global inflation caused by the spike in energy prices (global)
which in turn was caused by this war and specifically by the economic
sanctions put on Russia (one of the biggest global oil and gas producers)
by NATO led by the USA and later followed by other Western countries.
This shortage of supply (both actual and anticipated) caused the spike in
global energy costs which in turn fuelled global inflation.(except China)
IMO the economic sanctions on Russia are a key element of this war
and their impact globally is by no means "deflection."
To date the USA has been the biggest Western sponsor of this war
and IMO, its ability to continue to be so will greatly depend on
how well the US domestic economy fairs over the next 2 years
(and dont mention Trump!)
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