I have to say, this video is excellent. It shows a comprehensive view of where we are and where we may be going. Complete with informative pie charts, have a look (18 minutes, but you can stop at 15:30, well worth your time!)…
Joe Blogs ~ Panic Spreads
From the notes:
“In today’s video, we take a deep dive into the growing economic fallout from the ongoing war in Iran — and this time the warnings are coming directly from major global companies. Quarterly earnings reports and shareholder updates are now revealing the real-world impact of soaring oil prices, supply chain disruption, rising shipping costs, inflation pressures, and operational chaos across multiple industries.
Airlines, automotive firms, chemical companies, consumer brands, logistics businesses and tech companies are all now reporting financial damage linked to the crisis in the Middle East. With oil prices remaining above $100 and no clear resolution in sight, the risks to the global economy continue to grow.
The big question now is whether this escalating situation could push the world towards recession.”