Daily Recaps > 08-13-2022 - 08-12-20222 - 08-11-2022 - 08-10-2022 - 08-09-2022 - view all

Weapons of Financial Destruction and the New World Disorder

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The comprehensive sanctions the United States and the West have imposed on Russia take us into an entirely new world. The sanctions are multidimensional, but most important is the “freezing” of Russian foreign exchange reserves, what President Biden called Putin’s $630 billion war fund in his State of the Union. This action means that all previous economic contracts between Russia and the West are invalid. Biden’s figure was probablyoverstated by half, but the precise figure…

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