“The world is flying into the abyss”: will there be a major global crisis?

The global financial system has found itself in a state of dangerous illusion, where stock markets are demonstrating historic growth despite deep geopolitical crises, which could lead to unpredictable consequences.

Investment banker Serhiy Fursa analyzed the situation in the Middle East and its impact on the cost of energy resources, noting that investors are deliberately turning a blind eye to the oil shortage, which is provoking inflationary processes around the world.

“A huge economic shock and the failure to reflect this shock on the stock markets. And this is a big problem in fact, because it creates the prerequisites for the fact that sooner or later you will have to accept reality and it will be as if you are flying in a car, and then suddenly there is a wall in front of you,” the studio guest noted.

At the same time, he reported a critical distortion of pricing: while Brent oil futures are holding at $95-96, the real cost of crude oil on tankers can reach $140. The psychology of greed now prevails over common sense, and the hype around artificial intelligence is only inflating a new bubble, the investment banker is convinced.

In his opinion, ignoring obvious threats makes the economy extremely fragile, and a sudden confrontation with reality will be a painful blow to markets that are accustomed to relying on the reassuring promises of politicians.

Previously, the heads of the International Monetary Fund, the World Bank Group, and the World Food Program stated that rising prices for oil, gas, and fertilizers, as well as transportation bottlenecks, would inevitably lead to a sharp jump in food prices and a lack of food security.

In addition, in the US, during an energy conference in Houston, executives of leading oil and gas companies said that the market does not reflect the true scale of supply disruptions due to the war with Iran. According to their estimates, the consequences of the crisis will be long-lasting , and prices are unlikely to return to pre-war levels in the near future.

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