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How the war in Ukraine hurts the U.S. economy

Posted on AllSides March 14th, 2022
From The Left
Economy and Jobs, Ukraine war
Illustration: Gabriella Turrisi/Axios

Russia's invasion of Ukraine threatens to pull the rug out from under our previously pretty sweet economic recovery. It's kind of a Godfather 3 moment — just when you think you're out, they pull you back in.

Why it matters: We just went through a massive economic upheaval. The recovery is still fragile — supply chains aren't fully recovered, and inflation is at record highs. Now, add on the fallout from both the war itself and the crippling economic sanctions levied against Russia for its unprovoked attack.

We've never ripped an economy as...

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https://www.axios.com/ukraine-russia-war-us-economy-pil-gas-wheat-9440a3c9-b0e5-4341-a39a-83c9cc12ff5f.html

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