Well, Ukraine is still under the Russian president’s “hammer”, which this time is the cutoff of natural gas and other resources.
The biggest import of wheat into Ukraine is Russia of course. There are some interesting problems we’ll discuss.
I’ve talked a LOT about the Keynsian approach to multiple aspects of the economy. I said yesterday that the theory’s end result is always war. I’ll look at the history of the sacrifices made by citizens of the countries and it’s connection to the Keynsian theory.
We’ll talk about consumption, collateral, and capital. The three C’s.