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re: Impact of potential Ukraine invasion on stock market
Posted on 12/7/21 at 1:51 pm to deltaland
Posted on 12/7/21 at 1:51 pm to deltaland
quote:
Might affect energy prices.
Administration already fricked us (and Ukraine) by removing the sanctions against Russia allowing THEIR pipeline to move forward (bypassing Ukraine) making all of the EU dependent on them for energy, while simultaneously ending the Keystone pipeline here. And while I'm no oil and gas guy, I am pretty sure that pipelines are the most environmentally friendly way to transport oil.
The ole double whammy of stupid.
Aside from that, military conflict in Ukraine would not be good for the markets. The markets do not like uncertainty, and an armed conflict that has the potential to spread would certainly be that.
This post was edited on 12/7/21 at 1:53 pm
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