u/Proud_Proof9495

>"Will 2026 resemble 2022 when it comes to inflation and redistribution? The magnitude of the shock from the blockades of the Strait of Hormuz appears to be larger than the one caused by the war in Ukraine. The extent of its impact depends on how long the blockades last and how policymakers respond to the unfolding disruption. In terms of headline prices of systemically significant goods, the comparison is unavoidable: as soon as the attacks started in March, the price of oil leapt above 100 dollars, just as it did in 2022. And it is not just oil: major disruption has also affected the supply of natural gas, fertilizers, helium, sulphur and many other commodities."

Everyone's flavor of collapse awareness seems a little different. We've all got climate on the menu, but runaway inflation is one of those things I'm always holding my breath for.

Spirit Air closed down in part because their plans for financial solvency depended on oil prices staying about half of what they are now. I wish the people in charge had half an imagination, but instead they seem intent on burning the whole place up.

I'd love to discuss this article with this subreddit:

https://www.phenomenalworld.org/analysis/the-economic-consequences-of-the-war/

>"Could alternative policies, beyond the inflation targeting regime, remake this calculus, shielding those at the bottom and shifting burden to the top? Were such measures put in place, wars may no longer promise such easy profits and financial returns, and the forces that have been driving them could perhaps be weakened."