Welcome aboard to our many new subscribers this week! Matters of Concern is our weekly news roundup where we share relevant news and intel. We try to put it all in context and weave a narrative of what’s happening in the world and how to prepare.

Two themes this week: a possible looming recession and rising tensions between Russia and the United States. In short, about the same as last week, only more so. We’ll also discuss ways to localize your supply chain.