First Came the War, Then the Blockade, Now the Shortages; Epic Fury Has Become Epic Folly
First came the war, then the blockade, now the shortages; Epic Fury has become Epic Folly: Martin Wolf, Chief Economics Commentator, The Financial Times, to Karan Thapar for The Wire. ........................................ In a recent op-ed in the Financial Times, headlined ‘The Gulf crisis may just be starting’, the paper’s well-known and highly regarded Chief Economics Commentator, Martin Wolf, analyses the impact of an aspect of the Gulf crisis that so far hasn’t got the attention it deserves i.e. the shortages and how their impact could get worse the longer they remain and the greater the physical damage done in the Gulf. He believes the real Gulf crisis may only just be starting. And he ends his Financial Times article with the following sentence: ‘The US called its war Operation Epic Fury. But Operation Epic Folly would have been a more realistic name’. This is your opportunity to hear Mr. Wolf speak about his article and why he worries about the shortages – not just of energy but all the other products that are derived from it such as helium, naphtha, methanol, phosphates, urea, ammonia and sulphur. Since most people in India do not have access to the Financial Times I recommend you watch this interview. Here is the link to the interview: Join The Wire's Youtube Membership and get exclusive content, member-only emojis, live interaction with The Wire's founders, editors and reporters and much more. Memberships to The Wire Crew start at Rs 89/month. https://www.youtube.com/channel/UChWtJey46brNr7qHQpN6KLQ/join
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