About those tough, brilliant sanctions.
Amid the ongoing global inflation crisis, NATO heads of state and mainstream media repeat a mantra that high energy prices are a direct result of Putin’s actions in Ukraine since end of February. The reality is that it is the western sanctions that are responsible. Those sanctions including cutting SWIFT interbank access for key Russian banks and some of the most severe sanctions ever imposed, are hardly having an impact on the military actions in Ukraine.
What many overlook is the fact that they are increasingly impacting the economies of the West, especially the EU and USA. A closer look at the state of the global supply of diesel fuel is alarming. But Western sanctions planners at the US Treasury and the EU know fully well what they are doing. And it bodes ill for the world economy.
This is real. If you haven’t somehow noticed, you will. The little farmstand guy I buy some foods from put up a staggering list of the supply price increases he’s facing. This is West-wide and is pushing the economy closer to oblivion. Our economy, that is. There’s a reason why diesel in Russia is less than half the cost per gallon as the same fuel in the US today.