It’s not incompatible. It’s exactly what I’m saying. We are manufacturing a demand side crisis by incorrectly presenting a supply side one. We could be reading

It’s not incompatible. It’s exactly what I’m saying. We are manufacturing a demand side crisis by incorrectly presenting a supply side one. We could be reading about what’s being done to alleviate the energy market pressure, how reshoring will improve supply chain or the historically low unemployment rates. Instead it’s all about consumers insecurity, how “it’s going to be terrible, brace for it” and the risk of spiralling inflation. I don’t think it’s factually correct to present the crisis as mostly sanctions related by the way even if they play a part. It’s both the energy market and the situation in China. I disagree about the evidence. We have known for a long time than actors anticipate economic movement based on the information they are given. It’s even been argued that it’s the sole lever of monetary policies in the short term.