War Forces Global Elite to Stare Into Abyss of Perpetual Shocks

Image for article War Forces Global Elite to Stare Into Abyss of Perpetual Shocks
News Source : Financial Post

News Summary

  • Four weeks into the conflict, the disruption to energy supply is already severe enough that even an abrupt end to hostilities wouldn’t bring things back to how they were pre-crisis.
  • The war launched Feb. 28 by the US and Israel has sowed anxiety over energy and the future of the Middle East.
  • These shocks amount to an “earthquake” forcing a rethink of the global economic system, said Mario Monti, Italy’s former prime minister and senator for life.
(Bloomberg) The Iran war is forcing soulsearching within the global economic elite on how to respond to a series of shocks that show no signs of abating.THIS CONTENT IS RESERVED FOR SUBSCRIBERS O [+5012 chars]

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