Matthew Klein is the author of The Overshoot, a newsletter that helps readers make sense of the global economy. Matthew also closely follows Eastern Europe and Russia, has written on the economics of the Russian-Ukraine War, and is a returning guest to the podcast. Matthew rejoins David on Macro Musings to discuss this conflict and its broader economic implications. Specifically, Matthew and David discuss the historical context dating back to the Soviet Union and leading up to this conflict, how Russia’s economy has been historically linked to Ukraine’s, the consequences of Europe’s reliance on Russian fossil fuel exports, and the implications of global sanctions against Russia for dollar dominance, globalization, and inflation.   Check out Ideas of India: https://www.discoursemagazine.com/tag/ideas-of-india-podcast/, and subscribe to Ideas of India on your favorite podcast app.   Transcript for the episode can be found here: https://www.mercatus.org/bridge/tags/macro-musings   Matthew’s Twitter: @M_C_Klein Matthew’s Substack: https://theovershoot.co/about   Related Links:   *Trade Wars or Class Wars* by Matthew C. Klein and Michael Pettis https://www.amazon.com/Trade-Wars-Are-Class-International/dp/0300244177   *Russia Was Already Cutting Off Europe's Gas Before Invading Ukraine. What Can Be Done?* by Matthew Klein https://theovershoot.co/p/russia-was-already-cutting-off-europes?s=r   David’s Twitter: @DavidBeckworth David’s blog: http://macromarketmusings.blogspot.com/