Russia Sanction Cost to World Economy

https://zeihan.com/the-invasion-of-ukraine-and-russian-produ…
Zeihan goes into products & raw Material Russia provides. Besides oil & natural gas; Russia is largest producer of fertilizer & large wheat supplier. He says ending those imports will triple the price of wheat & rise the cost of fertilizer 6 times. So look for big increase at the grocery store check out.

https://sunflowerstateradio.com/2022/02/24/vilsack-russian-i…
Vilsack: Russian Invasion Likely To Drive Up Fertilizer Costs For U.S. Farmers

The Russian invasion of Ukraine this week is likely to drive up the costs of farm fertilizers — which nearly quadrupled last year in price and remain high — and presents an opportunity for unscrupulous companies to artificially inflate those prices further, according to U.S. Secretary of Agriculture Tom Vilsack.

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Local news was screaming “cars need catalytic converters, catalytic converters need palladium. Palladium comes from Russia. The sanctions will make your car cost more!!”

…the rope sellers heard from again.

Steve

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