The truth will out.
by Ryan McMaken via Mises.org It is becoming increasingly apparent that isolating Russia and totally cutting it off from the global economy is not going to be easy. As I discussed last week, from Mexico to Brazil to China to India and much of Africa, the world is resisting Washington’s call to treat Russia as a pariah […]
by Ryan McMaken via Mises.org President Biden on Thursday made two big admissions about the US-led economic sanctions on Russia. The first is that the sanctions will lead to food shortages for many countries other than Russia, and that this is simply the price that Americans ought to be forced to pay. The second admission […]
by Chris MacIntosh via International Man You might be thinking we are “pro-Russia”. Nothing of the sort. In essence, we would like to point out how Russia is way more important to the world economy than it was some 20 years ago. To embargo or limit Russia’s exports will only lead to an inflationary super […]
Russian economic sanctions are by no means as surgical or precise as the Biden Administration would hope. Sanctions on Russia will negatively impact the United States. There will be blowback. Brace yourself. From Zero Hedge, Several weeks ago, when Biden instituted a wholesale ban on Russian energy exports, he explicitly carved out Russian uranium suppliers […]
by Doug Casey via International Man International Man: Prior to the Russian invasion of Ukraine, we discussed the rising tensions between the US and Russia over Ukraine. What is your take on what has transpired since then? Doug Casey: I think it makes sense first to recount the genesis of this war. It started when an American-backed […]
by Paul Craig Roberts via Institute for Political Economy Is it Washington or the Kremlin which is the most confused about sanctions and their impact? Washington and Europe have made it very clear that sanctions do not apply to payments for Russian energy and minerals. Only the US has banned the import of Russian gas […]
by Nick Giambruno via International Man The escalation ladder is a concept to describe how the severity of a military conflict can increase. At the very top of the escalation ladder is all-out nuclear war. While there are numerous countries with nuclear weapons, Russia and China are the only ones with sophisticated enough arsenals to […]
by Paul Craig Roberts via Institute for Political Economy We can see how much worse the sanctions are punishing US and Europe than they are punishing Russia by examining this article: https://www.rt.com/news/551486-us-ban-oil-gas-russia/ The Covid lockdowns re-awoke inflation, something the Federal Reserve had been unable to do for more than a decade of massive money creation. The […]
by Lipton Matthews via Mises.org The decision of Western countries to punish Russia for invading Ukraine by lacing her with a wave of sanctions suggests that global leaders are failing to learn from history. Sanctions are an ineffective tool to curb the ambitions of rogue actors and they are unlikely to make autocrats think twice. Non-democratic regimes […]
by Tho Bishop via Mises.org Russia’s invasion of Ukraine is nearing its second week. Vladimir Putin’s military continues its push west, with clear attempts to encircle Kyiv. To date, thankfully, America and its North Atlantic Treaty Organization (NATO) allies have held off pleas from President Volodymyr Zelenskyy to enforce a no-fly zone, which would risk the eruption […]
by Ryan McMaken via Mises.org The United States and its western European allies have in recent days repeatedly increased economic sanctions against not only the Russian regime, but against millions of ordinary Russians. It has done this by cutting much of Russian trade and Russian finance out of international markets. Moody’s and S&P global have both downgraded […]
by Egon von Greyerz via Gold Switzerland In this timely MAMChat, Matterhorn Asset Management (MAM) principals Egon von Greyerz and Matthew Piepenburg address the economic realism behind the recent outbreak of war in the Ukraine and Switzerland’s unprecedented, non-neutral decision to publicly support EU sanctions against Russia.As to the cold math behind heated and often […]
by Paul Craig Roberts via Institute for Political Economy Begin by reading Michael Hudson’s explanation that the sanctions actually fall on Germany and serve the interests of the three interest groups who rule in Washington. https://www.unz.com/mhudson/america-defeats-germany-for-the-third-time-in-a-century/ The sanctions do far more to serve Washington’s interest than to hurt Russia’s. For Russia the main burden […]
by Daniel McAdams via Ron Paul Institute “Bad” Vlad Putin only “took over” part of Ukraine because of President Biden’s weakness. So says many in the US right wing. A “real man” president would have imposed costs so prohibitive that Putin would never have dreamed of recognizing what has been de facto reality since 2014: that […]