The Economic Damage Caused By This War Will Stretch To The End Of The Decade

This article was originally published by Michael Snyder at The Economic Collapse Blog under the title: The Economic Damage Caused By This War Will Stretch To The End Of The Decade, And Shortages Will Go Way Beyond Oil, Gas, And Fertilizer Even if the Strait of Hormuz opened tomorrow, and that is certainly not going to happen, we are being warned that the economic impact of this war will be felt all the way through the end of this decade. Petrochemical price spikes and shortages from the Iran war likely will cause inflationary effects at least through the end of the year on construction materials, consumer goods, the automative and aerospace industries, and much more, the CEO of chemical manufacturing giant Dow said.

Author: Michael Snyder

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