Soaring oil prices, energy and food crises on the horizon…is it possible the REAL target of this economic war is us?
Kit Knightly – Off-Guardian March 31, 2022
The first tweet I saw when I checked my timeline this morning was from foreign policy analyst Clint Ehlirch, pointing out that the Russian ruble has already started recovering from the dip created by Western sanctions, and is almost at pre-war levels:
The Russian Ruble is nearing its pre-invasion value.
Sanctions were designed to collapse its value. They failed. pic.twitter.com/OLmVIsS34E
— Clint Ehrlich (@ClintEhrlich) March 29, 2022
Ehrlich states, “sanctions were designed to collapse the value of the Ruble, they have failed”.
…to which I can only respond, well “were they?”
…and perhaps more importantly, “have they?”
Because it doesn’t really look like it, does it?
If anything, the sanctions seem to be at best rather impotent, and at worst amazingly counterproductive.
It’s not like the US/EU/NATO don’t know how to cripple economies. They have had years of practice starving the people of Cuba, Iraq, Venezuela and too many others to list.
Now, you could argue that Russia is a larger, more developed economy than those countries, and that’s true, but the US and its allies have previously managed to hurt the Russian economy quite drastically.
As recently as 2014, following the “annexation” of Crimea, Western sanctions were tame compared to the recent unprecedented measures, but crucially the US massively increased its own oil production, then later that year (following a visit by US Secretary of State John Kerry) Saudi Arabia did the same.
Despite objections from other members of OPEC – Venezuela and Iran chiefly – the Saudis flooded the market with oil.
The result of these moves was the biggest fall in oil prices for decades – collapsing from $109 a barrel, in June 2014, to $44 by January 2015.
This kicked Russia into a full recession and saw Russia’s GDP shrink for the first time under Putin’s leadership.
Again, just two years ago, allegedly as part of competing with Russia for a share of the oil market, Saudi Arabia once more flooded the market with cheap oil.
So, the West does know how to hurt Russia if it really wants to – by increasing oil production, flooding the market and tanking the price.
But has the US increased its oil production this time round? Have they leant on their Gulf allies to do the same?
Not at all.
In fact, in a point of beautiful narrative synchronicity, the US claims it’s “unable” to increase its oil production due to “staff shortages” caused by that gift that keeps on giving – Covid.
Similarly, Saudi Arabia is not tanking the oil market, but deliberately increasing prices.
Yes, right now, with the Western allies locked in an alleged economic war with Russia the price of oil is soaring, and may continue to do so.
This is good news for the Russian economy, to the point it may even make up for the damage done by the brutal sanctions.
The high price of oil and need “not to rely on Putin’s gas” or “de-Russify” our energy supply will doubtless result in millions being poured into “green” technology.
Those Western sanctions are targeting other Russian exports too, including grains and food in general.
Russia is a net exporter of food, meaning they export more food than they import. Conversely, many countries in Western Europe rely on imported food, including the UK which imports over 48% of its food supply.
If Europe refuses to buy Russian food, the net effect is that Russia has food…and the West doesn’t.
And, just as with oil, increasing food prices will help rather than hinder the Russian economy.
Take wheat for example, of which Russia is the biggest exporter in the world. The vast majority of this wheat is not even sold to Western countries – but instead to China, Kazakhstan, Egypt, Nigeria and Pakistan – and so is not even subject to sanctions.
Nevertheless, the sanctions, and the war, have actually driven the price of wheat up almost 30%.
This is good for the Russian economy.
Meanwhile, according to CNN, the US is likely to enter a full-blown recession by 2023, France is considering food vouchers and countries all over the world are expected to begin rationing fuel.
So, the sweeping sanctions imposed against Russia by the West, allegedly in response to the invasion of Ukraine, are not having their stated aim – tanking the Russian economy – but they are driving up the price of oil, creating potential energy and food shortages in the West and exacerbating the “cost of living” crisis created by the “pandemic”.
You should always be wary of anybody – individual or institution – whose actions accidentally achieve the exact opposite of their stated aim. That’s a simple rule to live by.
Remember how Orwell described the evolution of the concept of war in 1984:
War, it will be seen, is now a purely internal affair. In the past, the ruling groups of all countries, although they might recognize their common interest and therefore limit the destructiveness of war, did fight against one another, and the victor always plundered the vanquished. In our own day they are not fighting against one another at all. The war is waged by each ruling group against its own subjects, and the object of the war is not to make or prevent conquests of territory, but to keep the structure of society intact.
Recall that “the worst food shortages for fifty years” were predicted as a result of Covid. But they never materialised.
Likewise, we were due to experience Covid-related energy disruptions and power cuts. Short of the UK’s damp squib of a “petrol crisis”, they never really arrived.
But now they are heading our way after all – because war and sanctions
Increased food prices, decreased use of fossil fuels, lowering standards of living, public money poured into “renewables”. This is all part of a very familiar agenda, isn’t it?
Regardless of what you feel about Putin, Zelensky, the war in general or Ukrainian Nazis, it’s time to confront the elephant in room.
We need to be asking: What exactly is the real aim of these sanctions? And how come they alignso perfectly with the great reset?
—
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Russia is both the target and the EXCUSE. The elite are adept at adjusting to circumstances. The Ukraine operation has failed, but they cam still use this as an opportunity to push other agenda (digital ID, cashless society, food rationing, billeting of ‘refugees’ and so on) ahead.
‘You should always be wary of anybody – individual or institution – whose actions accidentally achieve the exact opposite of their stated aim. That’s a simple rule to live by.’
I must admit, although living in THICKbrit-land and therefore likely to play my full part in having a rotten time economically-speaking, I have been rather enjoying this recent spectacle of everything beastly the West have been doing to Mother Russia, from chopping down the Westernised Oligarchs, who Putin is very glad to be rid of, to imposing sanctions designed to hurt the Russian people, boomeranging in spectacular Instant Karma fashion, Russia providing a fine exemplar of Nietszche’s dictum ‘what doesn’t kill me makes me stronger’.
I strongly suspect, also, that God is on Russia’s side.
Hardly surprising, given the Satanic Reversal of all Values that the Western Peoples have allowed to be imposed on themselves in the guise of euphemistically-termed ‘Liberal’ values.
https://csarlog.blogspot.com/2022/03/it-has-never-been-easier-to-decide.html?m=1
Yep. Nobody would buy electric cars if gas were cheap. No population culling either from engineered food shortages. Its called “Great” Reset because things will never be the same again. Electric cars = total control of your transportation throigh tracking, remote locking, autopilot and door lock to wherever the law enforcement choose.
Same for money. Be a good social subject or we block your money until you get positive feedback from society.
The future looks like dogs**t
Subheading asks ‘what is the purpose of these sanctions & why do they align with the great reset’
I’ve already explained this:
Thesis (NATO/Ukraine) Antithesis (Soviet Russia/China) Synthesis (Great Reset/Agenda 2030/Whiteocide)
Because both ‘sides’ are actually directed by the same Zionist-Communist Cryptocrats/Jewish ‘Oligarchs’ successfully advancing their WEF politico-economic policies according to the Marxist dialectic…
Anonymous:
I must agree with Anonymous, they are killing multiple birds with one stone, and the thicko sheeple will blame Russia. All this inflation is good for corrupt Western elites. Their tax take is going through the roof, inflation is eating away at their debts. High fuel costs will drive widget sales, heat exchangers, insulation, EV’s, and all manner of societle changes, such as less meat.
But the main one is that the bankrupt economies have another construct to carry the blame for the collapsing West, and in particular, the US and UK.
As far as turning the Ruble into a global currency, I really do believe the sect, which is a technocratic fascist neo-feudal elites headed by neocons, who don’t do economics, simply blundered, they made a massive mistake
We can trace the start of these errors when Bush pulled out of treaties, then Obama with his sanctions and trade wars, Trump the same, and now Biden, who is a cataclysmic disaster, has probably banged the last nail in the US dollars coffin and overnight, destroyed the NWO and created a multipolar world.
Trust everybody, but cut the cards.
THE real aim are we white EUROPEANS!
no any mistake about
The real target of sanctions is you. You’ll be paying five times as much for american owned slop instead of the previous slop from russia. Remember that laptop?
Of course We the People are the target! Which is why We the People should have been prepping since the 80s at least. Get out of the system as much as you can…I’ve been saying that for more than ten years now. And since they’ll steal your bank accounts, use your money for barterable goods before they steal it, and stock up on food…for a year or more! And buy rural remote land if you can afford it, and make it a refuge. And watch the video channel Ice Age Farmer, raise livestock and grow you rown food (and learn to hunt and fish…and bushcraft…Corporals Corner video channel is a good one.) Stop relying on govt. They are all bad guys and gals and whatever “gender”… yes, that includes Trump!
@somethinhapen…………
all what you advised will all be
forbidden + controled , its already
in their WEF-NWO agenda prepared
and you need a shotgun with lot of
amo to chase off criminals .
GB probably only imports 48 per cent of its food if you count it as money; we could survive on simpler food if we had to, and stop feeding 20 million cuckoos who are here from the Tropics.
To Guy Reid-Brown– Nietzsche was the one with the “revaluation of all values” to overturn Christian morality and let the noble men rule with all ruthlessness, and when he said “what does not kill me makes me stronger” he was very inaccurate–plenty of things don’t kill you and don’t make you stronger either. I know what he meant, but he didn’t say it.
A comment above stated “We the People are the target”, and they are absolutely correct. The predator ruling class made it crystal clear We the People are the enemy during their Covid-1984 vicious war against humanity. Nobody here should make the mistake of thinking that is fading; the demonic predators and parasites are just adding a new front in their assaults against We the People.
I am quite skeptical about Putin being any sort of real opposition to the degradation, depravity, and crimes of the “globalists”, “great reset” madmen, “new world order” jackals, as, let’s face it, they are all manifested and promoted by organized Jewry in the effort to bring about the Satanic insanity of their Jew World Order.
As NicoX continually points out, Putin dons a yarmulke, plays nice with Chabad Lubavitch maniacs, and allows Jews to literally get away with murder. Putin also hasn’t said dick about what really happened on 9/11, 7/7, Madrid, the Boston marathon bombing, and so on. Putin went right lock-step along with the Covid-1984 war. This all tells me Putin is simply playing an actor’s role in this massive shit-show.
The enemy isn’t really Russia. The enemy is us, We the People, and more specifically, white societies, which includes Russian citizens under the boot of the predator class.