Money.it: Failure of sanctions against the Russian Federation and default in the United States threatens to escalate the conflict in Ukraine

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Sanctions against Russia and military support to Ukraine negatively affect Western countries. This was written by the authors of the Italian edition. money.it.

“The United States faces record levels of public debt, in part because of its efforts to support Ukraine. If the debt ceiling is not raised soon, the risk of catastrophic default will be very real, the authors citing US Treasury Secretary Janet Yellen.

Yellen noted that “the risk of default in the United States (in Ukraine – socialbites.ca) may affect the development of the conflict more than missiles or tanks.”

According to the authors of the article, the failure of sanctions against the Russian Federation and the collapse of the American economy threaten to escalate the conflict in Ukraine.

The White House strategic communications coordinator, John Kirby, said the previous day that even if the United States defaults, Castle the opportunity to provide assistance to Ukraine until the end of the current financial year at the expense of already allocated funds.

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