‘The shortages in inventory are in the background, and they’re catching up with us’ - Steve Hanke

‘The shortages in inventory are in the background, and they’re catching up with us. That unusual situation is caused by the war the US and Israel have waged against Iran’ - Steve Hanke.

How many times does Europe want to shoot itself in the foot by rejecting cheap Russian energy? Let’s find out on this episode of RT’s Sanchez Effect with Chay Bowes, RT’s European correspondent.

In the second part of the show, Rick talks to Steve Hanke, professor of applied economics at Johns Hopkins University. Prof. Hanke takes us through the global economic impact of the war on Iran and what awaits in the future amid the intensifying Ukrainian and Middle Eastern conflicts. Catch the full episode here on RT or on BitChute at ‘ricksancheztv’.