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Crisis in India & China could be the deciding factors for a polycrisis. People can easily sideline the weightage of this factor, by pointing to their low per ca
by testemailfordg2 4y ago
Crisis in India & China could be the deciding factors for a polycrisis.
People can easily sideline the weightage of this factor, by pointing to their low per capita GDP when compared to other western & developed countries.
Covid has shown that if factories in China are closed while the world is open, theb there would be inflation across the world because of decrease in supply. The fuel to this fire of inflation would be food export bans from countries like India, which have more than a billion to feed first and additonaly war in countries like Ukraine and Russia, further impacting food production / logistics around it.