Associate Professor of Finance Ameeta Jaiswal-Dale commented for KSTP News on the possible economic consequences of the Russian invasion of Ukraine.
From the article: One local economist said the potential for war overseas could disrupt the world market and the prices of the goods we buy.
“There is going to be the short-term effect of, obviously, some panic,” Ameeta Jaiswal-Dale, an associate professor of finance at the University of St. Thomas, said.
This kind of conflict has the potential to upend the global economy, first impacting the price of gas and oil.
“We see it in stages, first at the pump, then at the table and some of the long-term impacts could be changes in crop patterns,” Jaiswal-Dale said.
Watch the interview here:
