At the Altar of Disarray
The economics of the (renewed) Middle-East conflict
Issues contributed:
The winner of a major conflict in the Middle-East would be Russia.
Even a relatively minor disruption in gas supplies through the strait of Hormuz could ‘freeze’ Europe and push poorer nations deeper into crippling energy shortages.
The conflict has the potential to push the world economy into a complete disarray.
Past week I published an economic worst-case scenario for the threatening Israel-Palestine war. In this entry, I will continue to map the both the economic and geopolitical aspects of the conflict.