>>298634
I've been saying since Day 1 of the war that countries like China and India stand to benefit from the war. There is no doubt Russia, Ukraine and the Western collective economies will contract (and are so) due to the economic blowback.
Here is a decent report people should read, it addresses some of the economic issues the Western world faces if we cannot correct some of our bad foreign and domestic policies:
https://nationalinterest.org/feature/curtailing-russian-aggression-ramping-us-energy-production-202004
TL/DR summary: >The Russian war machine gets some $1 billion/day for its oil and gas from Germany/the European Union. Ironically, Russia's invasion has led to a spike in prices, which benefits its war effort. This can only be countered with a boycott of Russian oil and gas and sharply increased deliveries of energy products to the EU from elsewhere, the United States being the main source. Arming the Ukrainians while providing Russia with the money to wage war against them is not a winning formula. This dysfunctional dynamic won’t end until the U.S. government stops turning a blind eye to the all-important, energy supply side of our domestic and foreign policy… America won’t ramp up its production of fossil fuels because the Biden administration and its progressive base are committed to very long-term, and yes, debatable climate change policies. This is an administration that has adopted a “whole of government approach” to curtailing fossil fuels and to increasing their cost with the aim of reducing peoples’ consumption. The three most powerful adversaries of America are the ruthless dictatorships in Russia, China, and Iran, and they could not be more delighted with America’s withdrawal from fossil fuels. Arguably, that withdrawal played a role in Putin’s decision to invade Ukraine.
