Hey Team, I think the world is in bad shape. I am usually a very optimistic person, but several bad things are going on at once, making me pessimistic in the short term. We have two significant nations at war, and both are effectively cut off from the global GDP at least in the short term. One is practically destroyed, that's Ukraine, the other is a pariah, and no one will be able to trade with them or buy their gas soon, and that's Russia. Even if things don't escalate, this is bad enough, especially because both nations are critical to Europe's economy. One produces Europe's wheat and food, among other things; the other produces its fuel. And Europe is vital to the global economy.
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M&Ms 55: Hard Times
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Hey Team, I think the world is in bad shape. I am usually a very optimistic person, but several bad things are going on at once, making me pessimistic in the short term. We have two significant nations at war, and both are effectively cut off from the global GDP at least in the short term. One is practically destroyed, that's Ukraine, the other is a pariah, and no one will be able to trade with them or buy their gas soon, and that's Russia. Even if things don't escalate, this is bad enough, especially because both nations are critical to Europe's economy. One produces Europe's wheat and food, among other things; the other produces its fuel. And Europe is vital to the global economy.