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Liu Zhiqun, a famous Chinese economist on the Chongyang Institute for Financial Studies, put it succinctly in an interview with CGTN’s Tian Wei on March 23. Asked to comment on the worldwide economic effects of the U.S. 2007-08 global crash, the roaring inflation can't be attributed to any effects of the conflict in Ukraine or NATO’s financial warfare in opposition to Russia. So, when the large inflationary “sanction shock” hit all commodities from March four on, and the availability of crucial meals, vitality and mineral commodities began to be reduce off, the trans-Atlantic financial system had already been on hearth with inflation created by the trouble of the foremost central banks to preserve the most important private banks and fortify them towards the approaching collapse of the debt and related derivatives bubble-an effort doomed to failure. Already on March 7, Credit Suisse analyst Zoltan Poszar described well the financial shock provoked by commodities. Shortages of important commodities are everywhere and those brought on by the NATO try and crush Russia’s economic system are cross-feeding with these, elon bet casino login download comparable to fertilizers, which were already spreading because of raging inflation before Feb. 25. Those commodities in greatest shortage are hyperinflating in value.

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