I’m hearing that a big ole crisis is in the makings.
Slightly spooked.
What do you think? Is it alarmist? What will inflation hit worst in this case? What will be devalued most?
I’m hearing that a big ole crisis is in the makings.
Slightly spooked.
What do you think? Is it alarmist? What will inflation hit worst in this case? What will be devalued most?
I don’t know about any global crisis, however I’m feeling optimistic about the Russian invasion ending within a year, hopefully allowing my country (Finland) to continue trading. I also hope fossil fuel usage starts declining. I’m feeling cautiously optimistic, atleast about my country.
What has been going on with Finnish trade since the invasion? I haven’t seen any reporting on this here in the UK, as far as I’m aware.
Well you will be pleased to hear that I am done with fossil fuels. Part of my reason for creating this post is to get some perspective before laying down most of my savings on offgrid renewables.
I’m not sure about specifics, but we have had pretty much no economic growth since covid.
The black line represents the value of exports in billions of Euros. (Yellow is imports). This graph is not as severe as I expected, but still you can see the covid and then Russia killed the growing exporting quite a bit.
Last time fuel prices were up (Close to 20 years ago) there was major interest in hybrids and gasoline alternatives. Now that gas prices are up again we’ll see more interest in electric vehicles and alternative forms of transportation.
Hopefully Finland pulls out of the terrible unemployment and the random drone nonsense soon!