$30,000 Millionaire said:
It's going to be worse than most think, but not as bad as you think. Zero hedge is Russian propaganda. Be careful about fully believing everything you read. Resolution is one flip switch compromise away.
ZeroHedge has been writing perma-bear headlines since 2008. They aren't Russian, they usually link to the stories from Reuters, AP etc., They just provide a very cynical view to the news.
As far as the bad as I think goes, you are forgetting the food issue. Bad weather, little to no fertilizer and high fuel cost hammered this years crop AROUND THE GLOBE. There is still food to go around (we won't ALL starve but many will) BUT the prices are going to get squeezed much higher once physical delivery contracts come due. 3x and 5x increases to food prices (on top of fuel and energy prices) around the world is going to cause massive unrest.
Today, we are looking down the barrel of a loaded handgun held by a monkey who's jacked up on meth.
Yes, compromise in Ukraine would go a LONG way to curbing the issues but we would still have massive inflation and supply chain issues for years. Beyond that Putin knew the day they crossed the border that this all ends in World War. He and China are choking out the West right now using our financial weaknesses against us (Trillions upon trillions of debt that is backed only by confidence of the people).