Richard Wolff: The full economic pain of the Iran war is "about to unload"
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Richard Wolff: The full economic pain of the Iran war is "about to unload"
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Economist Richard Wolff says we still haven’t fully felt the economic pain of the war on Iran. He says that “the price of a ship going through the Panama Canal has gone up by 100 times compared to February of this year before the war began.” The prices of the consumer goods on those ships, explains Wolff, will therefore increase. “And because it's only been going on for a few
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