How Will the Ukraine-Russia Conflict Affect the U.S?
February 24, 2022
In recent news it was confirmed that Russia’s actions on pre-meditated war in Ukraine will create economic consequences for Americans. One of the consequences we will face is consistent inflation as food and gas prices continue to rise. Russia is a major oil and natural gas production country, and the conflict between Ukraine and Russia has sent these prices higher recently. While the U.S. doesn’t import directly from Russia, this crunch caused by conflict will temporarily raise prices for goods and materials. Americans will be spooked at the news, and begin to preserve how much gas is in their tanks, and food in their fridges.
Jeannie Smialek and Ana Swanson from the New York Times say, “The magnitude of the potential economic fallout is unclear, because the scope and scale of the conflict remain anything but certain. But a foreign conflict could further delay a return to normalcy after two years in which the coronavirus pandemic has buffeted both the global and U.S. economies.”
In addition to inflation, Russia could respond to the U.S. with digital retaliation. Russia plans to work with whomever they can get to work with them. The people or places they transform into allies may be able to bypass control points that the government relies on, “mainly on the transfers of money by banks”, says another article by Amy Flitter and David Yaffe-Bellamy from the New York Times.
This conflict between Ukraine and Russia is all about global security. If Russia succeeds, everyone who wants to rewrite worldly rules will receive a clear message. According to President Biden, invading Ukraine would be “the most consequential thing that’s happened in the world, in terms of war and peace, since World War II.”
Oluwaseun Fashina • Feb 28, 2022 at 9:16 AM
Hopefully the people in America are not affected by this war.
Joshua Onyejiekwe • Feb 24, 2022 at 1:16 PM
Nice article!
Michael Peters • Feb 24, 2022 at 1:16 PM
Some people see this as the new WWIII but I believe that it won’t get to that point.
Chiso • Feb 24, 2022 at 1:15 PM
Doubt it will affect America. Considering we’re a whole ocean away from Russia, and the nearest point is a remote Siberian town/island, it won’t do much. Unless it goes nuclear, which I also doubt.
Kam Oguguo • Feb 24, 2022 at 10:37 AM
Praying for Ukraine citizens. Hopefully peace will be included in the conflict.