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*AUDIO DISCLAIMER: Mic issue during the recording led to some high levels on Jack's end. We're aware, and we're sorry! Might want to tap the volume down a couple notches for this one.
Jacob Shapiro, Director of Geopolitical Analysis at Cognitive Investments, joins Forward Guidance to break down the rapidly escalating hostility between Russia and Ukraine. Shapiro puts in context including Russia’s recognition of Luhansk and Donestk as independent sovereign republics and the punitive sanctions on Russia.
Shapiro tells Jack Farley that, if Russian tanks roll down the tanks of Kiev, the West might cut Russia off from the payment rails for global commerce, SWIFT (Society for Worldwide Interbank Financial Telecommunication). If Russia were unable to sell its natural gas, wheat, and other commodities in Western markets, Shapiro continues, there could be a commodity “doom loop” that would cause prices to skyrocket.
Shapiro also shares his outlook o…...more
Russia/Ukraine Crisis To Cause Commodity “Doom Loop” | Jacob Shapiro
524Likes
12,542Views
2022Feb 23
*AUDIO DISCLAIMER: Mic issue during the recording led to some high levels on Jack's end. We're aware, and we're sorry! Might want to tap the volume down a couple notches for this one.
Jacob Shapiro, Director of Geopolitical Analysis at Cognitive Investments, joins Forward Guidance to break down the rapidly escalating hostility between Russia and Ukraine. Shapiro puts in context including Russia’s recognition of Luhansk and Donestk as independent sovereign republics and the punitive sanctions on Russia.
Shapiro tells Jack Farley that, if Russian tanks roll down the tanks of Kiev, the West might cut Russia off from the payment rails for global commerce, SWIFT (Society for Worldwide Interbank Financial Telecommunication). If Russia were unable to sell its natural gas, wheat, and other commodities in Western markets, Shapiro continues, there could be a commodity “doom loop” that would cause prices to skyrocket.
Shapiro also shares his outlook on China, India, Brazil, Turkey, and Iran. Shapiro also serves as chief strategist at Perch Perspectives and the Geopolitics editor at Lykeion. This interview was recorded on Tuesday, February 22, at 10 am Eastern Time.
Follow Jacob Shapiro @JacobShap
Follow Jack Farley @JackFarley96
Follow Blockworks @Blockworks_
Follow Perch Perspectives @PerchSpectives
Follow Lykeion @thelykeion
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Timestamps
00:00 Introduction
00:46 Overview of the Ukraine/Russia Conflict
07:24 How Bad Will Sanctions Really Be?
23:08 What Are Russia's Motivations?
33:24 The Euro
36:28 President Zelenskyy's Viewpoint
45:04 The Global Energy Shortage
55:07 Long-Term Deflationary Forces
58:26 Brazil, India, Turkey, and Iran
1:02:34 China
1:06:00 Geopolitics As A Discipline…...more