Discover and read the best of Twitter Threads about #URC2022

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Ukraine 🇺🇦 will be the first country to recover from this #recession - here is why ⬇️

My thinking in light of #URC2022
Let’s start with “hard” and tangible things

1. Low exposure to financial markets.
SMB credit exposure is 1/3 of European average which is below the US. Retail is similar. Capital market - virtually non-existent. Corporate bonds - used by very few

Hence Ukrainians would not sense massive shockwaves from financial markets as hard as the Western nations.
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