Prof Richard Wolff joins Julianna Forlano on act.tv to discuss the worldwide economic fallout from the Russian attack on Ukraine. Certainly, Russians will feel the brunt of it, given the sanctions levied against the country, and Ukraine will suffer greatly as well. And Europe will also feel economic pain as it relies on Russia to meet its energy needs. But could there be a spillover effect in America? Is a U.S. recession possible? In short, yes, it’s very possible.
act.tv with Julianna Forlano: Ukraine Attack Sparks Worldwide Economic Fallout
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