Seven worst-case scenarios from the war in Ukraine

BloombergOpinion/Niall Ferguson/4-3-2022

“But suppose it’s not 1979 but 1939, as the historian Sean McMeekin has argued?…[I]f one thinks of World War II as an agglomeration of multiple wars, the parallel starts to look more plausible.”

USAGOLD note: Stanford historian Niall Ferguson updates his seven worst-case scenarios while taking a disconcerting walk on the dark side – raising the possibility of World War III. Though we find some of his predictions debatable and highly speculative, we post the link for your consideration. At the same, we share his concerns about the economy. “The world,” he says, “has a serious and worsening inflation problem, with central banks seriously behind the curve. The longer this war continues, the more serious the threat of outright stagflation.”