We Can't Fix Inflation Without Saving Ukraine

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We Can't Fix Inflation Without Saving Ukraine
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  • 📰 TIME
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'It is not yet too late to save ourselves by saving Ukraine.' 📝 Suriya Jayanti

It is hard to precisely calculate how much of the global inflation crisis is due to Russia’s invasion of Ukraine, but the effect is marked. According to the U.N. Development Program,people have been pushed into poverty by Russia’s aggression and its consequences. That’s not 71 million Ukrainians , but rather vulnerable people all over the world suffering from inflation and shortages triggered by the Russian invasion of Ukraine. The U.S.

This could have been prevented. If western governments had committed early in the invasion to saving Ukraine instead of proclaiming loudly that they would not directly engage, Russia would not have been able to blockade the Black Sea and sever Ukraine’s export routes for agricultural and industrial commodities. If the U.S.

Awareness of the importance of Ukraine notwithstanding, the cause and effect are clear. The longer the war, the worse the global economic outlook. Now, at five months of Russian brutality, Ukrainian farmers are plantingless wheat and barley for this winter. Where a single Ukrainian planting or harvesting season disrupted by war is a disaster, two will cause a global famine.

In the meantime, they will have plenty of time to vent their malcontent at the ballot box by voting out the same leadership that has been, albeit somewhat indecisively, supporting Ukraine and obstructing Russia. This would hand Putin victories against his political and existential enemies in democracies around the world.

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