Comments by "Kenz300 x" (@KJSvitko) on "A new kind of global recession: Why this time is different | Business Beyond" video.

  1. The fed has no control over poor supply chains, the war in Ukraine, or virus lock downs in China and else where which are the primary reasons for inflation. Raising interest rates in the US and around the world and the run off of the balance sheet will reduce demand. Those other issues will need to sort themselves out over time.
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  2. Europe, Germany and the rest of the world have been too slow to transition to wind and solar energy and all electric vehicles. Wind and solar energy do not need to be imported and can be produced locally in any country. Europe needs to provide incentives for homes and businesses to install electric heat pumps and get rid of old polluting gas and oil boilers. The move to electric vehicles will also be sped up. There is no good reason to help fund Putin's war by buying oil, gas and coal from Russia. There is a Climate Crisis making weather events more extreme. Time to switch to renewable energy.
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