Just a few short months ago, if anyone thought Biden’s sanctions against Russia would fail, that person would be labeled a fascist but now even insiders at the White House admit they got it all wrong.
Officials privately inside the Administration are admitting their sanctions hurt the Russian people and Americans more than they hurt Putin.
From Bloomberg:
But the collateral damage from the sanctions has been wider than expected.
When the invasion began, the Biden administration believed that if penalties exempted food and energy, the impact on inflation at home would be minimal. Since then, energy and food have become key drivers of the highest US inflation rates in 40 years, a huge political liability for President Joe Biden and the Democratic party heading into November’s mid-term elections.
“As a result of these unprecedented sanctions, the ruble almost is immediately reduced to rubble,” President Joe Biden said during his visit to Poland.
Now, the ruble is at a seven-year high.
From Reuters:
The Russian rouble firmed more than 6% against the euro on Monday to a near seven-year high, boosted by capital controls, strong oil prices and an upcoming month-end tax period.
By 1338 GMT, the rouble had gained 6.3% to trade at 58.75 versus the euro , its strongest point since early June 2015.
It was 4.6% stronger against the dollar at 57.47, not far from 57.0750, its strongest mark since late March 2018, hit on Friday.
Once again, the Biden administration got it all wrong.
Bloomberg: White House officials privately admit “the collateral damage” from Russia sanctions “has been wider than expected”
And that they originally believed sanctioning food/energy would have a “minimal” effect on inflation here at home https://t.co/Ppok7kcm3F pic.twitter.com/hLgyf8bhoC
— Saagar Enjeti (@esaagar) June 14, 2022
The Biden administration was wrong about Russia like they were with COVID, Afghanistan, antigen tests, gasoline prices, baby formula, and supply chain issues.
So what are they doing now that Russia is firmly set to take over the entire eastern half of Ukraine?
Send them another $1 billion.
NEW: The White House announces that the U.S. will be providing Ukraine with another $1 billion in military assistance. pic.twitter.com/xfrQBPDInk
— Alex Salvi (@alexsalvinews) June 15, 2022
We send billions of dollars in weapons, munitions and supplies to Ukraine. Russia fires missiles and destroys it. GREAT plan… Meanwhile, gas is 6 dollars a gallon, we have an illegitimate moron in the White House and complete idiots trying to run our country. Are we having fun yet???
Everyone knew but U Biden.
Every U.S. ‘Administration'(?) since ‘Reagan’ has been an administration by the khazjeu sanhedrin/kahal of Washington, D.C. The khazjeu is seeking world domination through the revival of the Khazarian Khaganate abomination.
What a surprise.
Thirty six years as a US Senator (unproductive, overpaid, political whore), right years as the V.P. (unproductive, overpaid, political whore with virtually NO responsibilities) and coming up on two years as the worst president EVER. Who the hell voted for this loser, Joe Bitin’?
First you shut down petroleum production by choking off raw materials. Then you use the shortage to deplete your special reserves. Next, you force Russia to invade Ukraine using NATO as a sledge hammer to break all treaties made with Russia. You use the puppit government you installed in Ukraine to target all areas where Russian speaking people have occupied since time began. After leaving 80 Billion dollars worth of arms behind in Afghanistan, you ship what you have left to the Ukraine to fight this proxy war.
You have just created a country with no defensive arms, and no fuel to fight a war when China invades. Well done Joe, mission accomplished for the dark state.