Sunday , December 22 2024
Home / Mike Norman Economics / Russian Aviation Industry Corrects Yeltsin Yaw–Boeing, Airbus Ditched — John Helmer

Russian Aviation Industry Corrects Yeltsin Yaw–Boeing, Airbus Ditched — John Helmer

Summary:
Import substitution.This bears on world trade. The present geopolitical situation is affecting the international flow of goods, including materials, intermediate goods and finished goods.  The world economy is heavily influenced by the level and quality of international trade. Sanctions, of course, inhibit international trade and result in new supply chains and also import substitution. Both Russia and China have adopted policies of self-sufficiency. Being large-scale with plenty of knowledge, skill, experience, technology and industrial capability, this avenue is available to them.Naked CapitalismRussian Aviation Industry Corrects Yeltsin Yaw – Boeing, Airbus DitchedJohn Helmer at Dancing with Bears

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Mike Norman writes Trade deficit

Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025

New Economics Foundation writes What are we getting wrong about tax

Sandwichman writes The more this contradiction develops…

Import substitution.

This bears on world trade. The present geopolitical situation is affecting the international flow of goods, including materials, intermediate goods and finished goods.  The world economy is heavily influenced by the level and quality of international trade. Sanctions, of course, inhibit international trade and result in new supply chains and also import substitution. Both Russia and China have adopted policies of self-sufficiency. Being large-scale with plenty of knowledge, skill, experience, technology and industrial capability, this avenue is available to them.

Naked Capitalism
Russian Aviation Industry Corrects Yeltsin Yaw – Boeing, Airbus Ditched
John Helmer at Dancing with Bears

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *