Comment on The Bombing of Ukraine’s Kakhovka Dam Affects All of Us

The Bombing of Ukraine’s Kakhovka Dam Affects All of Us

The June 6 bombing of Ukraine’s Kakhovka Hydroelectric Dam, almost certainly an act of Russian aggression, is going to affect your life more than you think. The consequences for agricultural and commodities markets will be inflationary, the fallout could be literally radioactive if the Zaporizhzhye Nuclear Power Plant loses access to water, and the implication is that Russia is inching steadily closer to the unimaginable, possibly even the use of nuclear weapons. Sixteen months into what has become a drawn out slog of numbing trench warfare in Ukraine’s east, many people around the world have dulled to the daily missile and drone counts out of Kyiv and reports of muted counteroffensives.

 

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