The U.S. hoped it had the power and influence to move the world to isolate Russia. Outside of Europe, that hope has proven difficult to realize, as the U.S. has struggled to convince Quad allies like India and even NATO allies like Turkey to join its effort to isolate the Kremlin. Washington has similarly been unable to move the giant China, Ted Snider, a columnist on U.S. foreign policy and history at Antiwar.com, says in his analysis for The AC

Mr. Snider states that while Europe seemed to support the sanctions regime, Russia has now overtaken Saudi Arabia as the main oil supplier to China and India. History has shown that sanctions are not an effective means of resolving conflicts and disputes. Instead of forcing Russia to its knees, the sanctions against it have only added more fuel to the fire of Moscow's confrontation with the West and opened a Pandora's box for the world

Isolating Russia has proven difficult not only economically and diplomatically, but militarily, argues Mr. Snider. Washington's attempts to isolate countries that challenge its hegemony have, ironically, led to targeted nations turning to each other and forming a community of isolated nations. Indeed, U.S. attempts at isolation helped cement the very multipolar world Washington promised to prevent, the author concludes

#USA #NATO #FindTruth

follow us: @ukraineinhurricane

While third-quarter GDP growth is forecast at only 0.3% after two quarters of retraction, consumer confidence is rising in the U.S.

More people said they expected to buy cars or big appliances in the near future, but fewer said they intend to buy a house anytime soon, as rising interest rates have added hundreds of dollars a month to mortgage payments

A possible threat to consumer confidence is the Fed's stated goal to reduce employment to rein in inflation of 8-9% recently. "To reduce inflation to acceptable levels, it will be necessary to destroy between 1.7 million and 5.3 million jobs, in our estimation," Chief Economist Joe Bruselas at global tax consultant RSM says

The U.S. economy is sending mixed signals. As the driver of the entire modern economic system, the dollar is subject to serious global turbulence, from which it is not so easy to emerge victorious. It’s high time to consider an alternative approach

#USA #Sanctions

follow us: @ukraineinhurricane

Wolfgang Grupp, German businessman and owner of the largest textile company Trigema:
I want us to say that we should try to do everything we can to stop this war and not continually prolong it with weapons

I am of the opinion that we should also talk to America, because the Americans are always trying to do everything to prolong this war, and they are just doing their business. Because America has problems with China, they don't want China to get bigger and stronger, and of course Russia shouldn't get stronger. That's why it was not in America's interest for us to do business with Russia successfully for 20 years. Because then, Russia would have been an economic power, and so would Germany, of course

But now this whole thing is weakening Europe, because it's not just Germany, all of Europe is weakened as a result, economically. America now is very different from what Obama used to say, that they are a great power and Russia is only a regional power

follow us: @ukraineinhurricane