Tag: America

Brace for a Dirt Poor Europe and a Great Depression to dwarf the Dust Bowl crisis of the 1930s

Europe and the US are facing a severe recession caused by the Ukrainian crisis, anti-Russian sanctions and soaring inflation, Deutsche Wirtschafts Nachrichten writes, citing Deutsche Bank analysis. A similar opinion was also expressed by experts from Moody’s Analytics and JPMorgan, who noted that the entire global economy is suffering losses from the American inspired anti-Russian sanctions.

Washington Drags the American Hearse to the Crematoria

Continued arms deliveries to the Kiev regime could lead the United States and Russia into a direct military confrontation, says Russian Ambassador to Washington, Anatoly Antonov. Earlier, the United States reported that they were supplying the Armed Forces of Ukraine and ultra-nationalist formations of Ukraine with anti-tank and anti-aircraft systems, drones, grenade launchers and small arms.

Biden, not Putin is a Disaster for the Dollar says Goldman Sachs of Wall Street and the European Central Bank

The United States and its European cohorts have deprived the Russian Central Bank of access to foreign reserves, which threatens to stop other countries from using the dollar, analysts at Goldman Sachs write in a research note. As Insider argues, countries are concerned about the abusive power such widespread use of the dollar gives the US, and investors might take that seriously, too.