JRL NEWSWATCH: “Western leaders must prepare public for a war economy; The cost of living crisis is likely to get worse before it gets better” – Financial Times

File Photo of G7 Meeting, with Persons at Round Table and Long Table, with Flags and Windows Overlooking Green Space in Background

“… ‘Ukraine fatigue’ is a real risk in western democracies[,] [whose] citizens are repulsed by … Putin’s war of unprovoked aggression and are full of sympathy for the Ukrainian people. … But as things drag on … [i]t is easy to see how the cost of living crisis … compounded by war and snarled-up supply chains, … probably already putting a chill on demand, could erode western leaders’ focus on Ukraine. To let this happen would be an error and a failure. An error, because inflation in the west is to a significant extent made in Moscow. A failure, because it would mean … political leaders had neglected … [to] prepar[e] the public for … unavoidable hard choices to come ….”

The author suggests how Western leaders should explain to their populations how cost of living concerns are likely to get worse, and why.

Click here for: “Western leaders must prepare public for a war economy; The cost of living crisis is likely to get worse before it gets better” – Financial Times/ Martin Sandbu

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