Post
Topic
Board Politics & Society
Re: Can Israeli - Palestinian conflict worsen the crisis?
by
OgNasty
on 07/10/2023, 23:43:37 UTC
Will this (re)emerging conflict fuel a new war and worsen the global economic situation?

I don’t know about worsening the global economic situation. The added pressure of another war will more likely force the Fed to lower rates and the Government to begin issuing stimulus in order to keep this from sending us into a deep recession. Fighting a war on two fronts is going to really put our currency to the test. In other words, we are so screwed, but war spending will allow us to kick the can further down the road again.