Posted originally on Jul 30, 2025 by Martin Armstrong
The fact that Trump is threatening sanctions against India for buying Russian oil and to hammer Russia to somehow force Putin to his knees and accept whatever terms Europe demands, proves that Trump is now taking advice from Lindsey Grachm, NATO, their puppet EU leaders, and the Neocons with the likes of Cheney in the background witgh a HUGE smile on her face.
Cuba (1960s-present): U.S. sanctions have failed to topple the Castro regime or force democratic reforms. Despite economic hardship, the government adapted through alternative trade partners and domestic resilience, suggesting sanctions can entrench regimes and slter the world economy, which has taken place with the development of BRICS. The U.S. embargo (blockade) against Cuba remains in place, requiring Congressional action to lift it entirely. While some sanctions have been eased temporarily, no administration has completely ended them. After more than 60 years, this stands as a prime example of how sanctions have NEVER worked even once.
The United States has imposed sanctions on German and other European companies involved in the construction of the Nord Stream 2 gas pipeline, which was designed to transport Russian natural gas to Europe. In 2019–2021, the U.S. sanctioned firms like Swiss-based Allseas (forcing it to withdraw) and later targeted Russian and German entities.
The U.S. imposed sanctions on the Soviet-European gas pipeline in 1982 (under Reagan), targeting Western companies supplying equipment for the Urengoy–Pomary–Uzhhorod pipeline, which supplied gas to Western Europe. The U.S. opposed this project due to concerns over European energy dependence on the USSR. They, too, failed and had to be relaxed under Allied pressure.
The Neocons, from the outset of any negotiations between Germany and Russia back in the communist days, did everything in their power to deny Germany access to Russian energy. It was 1955 when West German Chancellor Konrad Adenauer (1876-1967) visited Moscow in June and then established diplomatic relations for the first time between the new Federal Republic of Germany and the Soviet Union. The Neocons were outraged, but President Eisenhower saw it as no threat given Adenauer’s oppression by Hitler. The Necons wanted to prevent any meeting but Eisenhower declined.
Adenauer was Chancellor from 1949 to 1963. Adenauer was one of the first opponents of the leader of the Nazi Party. Konrad Adenauer helped draft a constitution completed in May 1949. He opened the door for the trade agreement that followed in 1958, and by 1960, bilateral trade between the countries was booming.
The Trade Agreement was reported worldwide by the Associated Press on April 9th, 1958 (1958.271). Even so, from the very beginning, that trade link between Germany and Russia was controversial, to say the least. The United States, at the direction of the Neocons, was always against it and would criticize Germany behind every closed-door session. However, the US intimidation failed because it was necessary for the German people and their future.
While the U.S. did not impose formal sanctions on German pipe producers in 1955–1958, it actively discouraged such trade, setting the stage for the 1960s pipe embargoes. The major crackdown came later, but diplomatic and economic pressure began in the late 1950s.
Iraq (1990s): UN sanctions after the Gulf War devastated the economy, reducing GDP by nearly 50%, but Saddam Hussein’s regime remained intact. Political change only occurred after the 2003 invasion, not sanctions alone, and civilian suffering often strengthened regime propaganda.
North Korea (2000s-present): Decades of sanctions have crippled the economy but haven’t shifted the Kim regime’s policies or structure. Black market trade and Chinese support have mitigated impacts, and the regime uses isolation to reinforce control.
South Africa (1980s-1990s): Comprehensive sanctions, including trade bans and financial restrictions, the Neocons insist, contributed to ending apartheid. However, there was already internal resistance. It still took 14 years before any democratic reforms took place by 1994. Studies estimate that the sanctions reduced South Africa’s GDP only by 1-2% annually.
Iran (2010s): Heavy U.S. and EU sanctions targeting oil exports and banking, which the Neocons insist forced Iran to negotiate the 2015 nuclear deal (JCPOA). Oil revenues dropped by over 50% from 2011 to 2013, and inflation soared, but the regime did not fall. The regime didn’t fundamentally change its political system, showing again that sanctions have NEVER even once overthrown the core governance.
FDR deliberately imposed sanctions on Japan to get them to attack the United States, all because Congress would not authorize joining World War II in Europe. That led to a Senate investigation later because it became so obvious that FDR even knew when Pearl Harbor would take place and deliberately allowed thousands to be killed just so he could enter the war. It came out that US had broken the Japanese code and knew all about the attack. There was even a lead to the press a few days before reporting that they were about to be attacked.
Before the attack on Pearl Harbor on December 7, 1941, President Franklin D. Roosevelt (FDR) imposed a series of escalating economic sanctions on Japan in response to its aggressive expansion in Asia, particularly its invasion of China. These sanctions were meant to pressure Japan into halting its militaristic actions, but ultimately contributed to the tensions that led to war.
In 1938, FDR imposed a “moral embargo” on aircraft and aviation parts sales to Japan following its bombing of Chinese civilians. This was not a formal ban but a strong discouragement of exports. Then in July 1939, FDR announced the termination of the 1911 U.S.-Japan Treaty of Commerce and Navigation, removing legal barriers to future trade restrictions. This took effect in January 1940.
Now that the door was open for sanctions, in July 1940, the U.S. restricted exports of aviation fuel, lubricants, and high-grade scrap metal to Japan under the Export Control Act. That was followed by the September 1940 complete embargo on scrap iron and steel.
Then, FDR, like the West has done to Russia, froze all Japanese assets in the U.S. (July 26, 1941), effectively cutting off trade and financial transactions. That was followed by a complete oil embargo along with Britain and the Dutch government-in-exile. Since Japan relied on the U.S. for 80% of its oil, this was a crippling blow. FDR knew that Japan would take it as an act of war, as they then saw these sanctions as an existential threat, as they crippled its ability to fuel its military and industry.
The oil embargo, in particular, forced Japan to either negotiate a withdrawal from China (which it refused) or seize oil-rich territories in Southeast Asia (which risked war with the U.S.). The sanctions contributed to Japan’s decision to attack Pearl Harbor (December 7, 1941) to neutralize the U.S. Pacific Fleet before invading British and Dutch colonies. These sanctions deliberately pushed Japan toward a desperate military confrontation, culminating in the attack on Pearl Harbor and the U.S. entry into World War II, which was the objective of FDR from the outset. The outrage was so intense that in 1945, after the war, the Senate was forced to investigate FDR’s action and whitewashed the affair, claiming they were unsure if FDR had been fully advised of the Pearl Harbor attack in advance, even though leaks made the papers in advance.
There is NOT a single incident to demonstrate that sanctions have EVER worked. Nevertheless, the Neocons constantly advise heads of state to impose sanctions, hoping that they will bring about the collapse of that government. They will not work this time either and the real risk is that they will lead to war as we saw in FDR’s actions against Japan.
Posted originally on Jul 31, 2025 by Martin Armstrong
Data from the Commerce Department shows that the US gross domestic product rose 3% in Q2 on a seasonally inflation-adjusted basis. The figure may have surpassed estimates by around 0.7%, but it does not indicate the beginning of a rising trend.
First, the figure has already been adjusted for inflation to fit a narrative. The first quarter saw a sharp uptick in imports as businesses attempted to avoid tariffs. Imports then declined by an astounding 30.3% last quarter, with exports falling by 1.8%. A good portion of the final figure is due to net trade swings that distorted the reading. Demand did not necessarily fall in Q2, but was offset by the surge experienced during the uncertainty at the beginning of the year.
GDP rises when imports drop due to the Keynesian formula: GDP=C+I+G+(X-M).
C = Consumer Spending
I = Investment (business capital spending, housing, inventories)
G = Government Spending
X = Exports
M = Imports
Imports (M) are subtracted from this calculation as GDP measures the DOMESTIC production. A rise in imports is considered an indicator that more goods were produced abroad, therefore, they subtract them from GDP. When imports decline, (X-M) rises and leaves the impression that fewer foreign goods/services were consumed in the US. Imports declining should not be considered growth, but the US refuses to move away from Keynesian model thinking.
Consumer spending, two-thirds of total GDP, rose by 1.4%, but this was offset by a decline in business spending. Final sales to private domestic purchases rose 1.2% in Q2 compared to 1.9% in Q1, indicating weakening demand. Unemployment declined to 4.1% in June after the economy added around 150,000 new positions this year.
This is neither a reason to celebrate nor a reason for concern. Every headline is praising the 3% uptick as a major win without realizing that not much has changed—the American economy is still experiencing stagflation.
Posted originally on Jul 31, 2025 by Martin Armstrong
President Trump announced a 25% on India beginning August 1 due to its continued purchase of Russian oil. “Remember, while India is our friend, we have, over the years, done relatively little business with them because their Tariffs are far too high, among the highest in the World, and they have the most strenuous and obnoxious non-monetary Trade Barriers of any Country,” the president posted to Truth on Wednesday morning. “Also, they have always bought a vast majority of their military equipment from Russia, and are Russia’s largest buyer of ENERGY, along with China, at a time when everyone wants Russia to STOP THE KILLING IN UKRAINE,” he added.
India began drastically increasing its imports of Russian crude at the start of the Russia-Ukraine war in 2022, with good reason, as the oil became significantly cheaper and India was able to resell it at a premium to nations that simply wanted to bypass all things Russia. In January 2022, India was importing around 68,000 barrels per day (bpd) in Russian crude, which represented only 0.2% of crude imports. The war broke out a month later and by June India was importing 1.12 million bpd from Russia who overtook Iraq as the nation’s top supplier. Nearly a year later in May 2023, Russian imports peaked at 2.15 million bpd, with India currently importing around 1.7 million to 2.1 million bpd as of July 2025.
Around 35% to 40% of India’s crude oil now comes from Russia. Now, Russian crude was around $50 per barrel in May 2025 when imports to India peaked. Middle Eastern grades were around $10 to $20 higher at the time. The deal was a no-brainer.
India-US bilateral trade hit $118.4 billion in 2024. India exported approximately $79.4 billion in goods to the US and imported $39 billion. The current trade deficit with the US sits at $45.7 billion. A 25% tariff could cost India billions in lost revenue from exports and threaten jobs in key sectors such as autos, chemicals, jewelry, gems, electronics, and textiles. Other Asian exporters would become more desirable, but China actually purchases more Russian crude than India at this point and other nations in the region have drastically smaller economies. Estimates state India could risk losing $15 billion to $20 billion annually as a result of the 25% tariff.
Now, if India were forced to buy from the Middle East for $10 to $20 more per barrel, the nation would need to spend around $6 to $10 billion more on energy annually. India does refine and resells Russian crude and is said to bring in around $1.5 billion to $3.5 billion from that practice.
On paper, it would seem as if India has more to lose by continuing to purchase Russian oil. However, the US is showing the world that it has the ability to dictate political policy through economic warfare. India declared that it remains committed to continuing “mutually beneficial bilateral trade” with the US after the 25% tariff was announced. The US will go after all BRICS nations in an attempt to dismantle the alliance, but BRICS members have shown that they no longer need to rely on the West, and tariffs from the US may not hold the same leverage as they once did.
Posted originally on Jul 31, 2025 by Martin Armstrong
A farm with 175 years of family ownership will be seized by the state of New Jersey under eminent domain. The Henry family inherited the 21-acre farm in Cranbury Township in 1850. The farm is still profitable for the Henry family, and they intend to maintain it for generations to come. However, the state of New Jersey determined that the land must be reappropriated for affordable housing and has notified the family that their land now belongs to the government.
The township offered to buy the Henry farm with a multi-million-dollar offer. When the family declined to sell, Cranbury officials unanimously voted to steal the land by eminent domain. The New Jersey Supreme Court determined that the state must produce a set number of affordable housing options annually, and Cranbury has a target of creating 265 units over the next decade. “They saw this little patch of green out there and said, ‘oh, we’ll just snatch that up.’ It’s very disappointing to me,” a member of the Henry family stated.
There were alternatives such as changes in zoning laws or looking into voluntary land sales. Instead, the government began to conduct public hearings back in April regarding the farmland without the Henry family’s knowledge. Mayor Lisa Knierim insists, “there simply was no way to meet the 265 unit obligation.”
“There’s four generations of my family buried in that town,” says Henry. “I can’t imagine going back there and driving by and seeing that house having been bulldozed.”
The issue garnered attention from the federal government, and U.S. Agriculture Secretary Brooke Rollins stated that the US Department of Agriculture is exploring “every legal option” to save the family farm. “On the phone with Andy Henry of Highland Ranch in Cranbury, NJ. The city govt has approved seizing his 175-year-old family farm via eminent domain for affordable housing units. Whether the Maudes, the Henrys or others whom we will soon announce, the Biden-style government takeover of our family farms is over,” Rollins posted on X.
What about the countless other Americans who are losing their land under eminent domain laws?
Amendment V
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a grand jury, except in cases arising in the land or naval forces, or in the militia, when in actual service in time of war or public danger; nor shall any person be subject for the same offense to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.
Most know the right to remain silent provided by the Fifth Amendment. There is a “takings clause” clearly written in the Constitution that forbids the government from seizing private property. The current US Agriculture Secretary may be Republican, but both sides support eminent domain laws. Donald Trump wanted to invoke eminent domain to expand the Keystone XL pipelineand border wall, deeming it “an absolute necessity.”
We do not live in a free society. The government has absolute power over everyone, and everything we own is merely an illusion, as the government has granted itself the authority to seize anything on its soil. Eminent domain cases are a ploy for centralized power to confiscate private property and a total violation of our Constitutional rights.
Posted originally on Jul 30, 2025 by Martin Armstrong
Ukraine was well-known as the most corruptnation in Europe, if not the world. This is why Ukraine was not permitted to join the European Union, as the bloc determined that the country needed to implement harsh anti-corruption measures if it wanted to join. The EU decided to give that same corrupt government endless funds in their proxy war with Russia. Now, the EU is threatening to freeze funding to Ukraine if government corruption continues.
The National Anti-Corruption Bureau (NABU) and the Specialized Anti-Corruption Prosecutor’s Office (SAPO) lost their independent statuses last week after President Zelensky signed a law to usurp these agencies that are tasked with investigating high-level corruption. The EU has insisted since the 2014 Revolution of Dignity that these agencies remain independent. The promise was a main component of Ukraine’s accession into the bloc, but Zelensky is using martial law to consolidate power. EU officials warned that these actions “cross a red line,” and they are now reluctant to provide unconditional funding.
This is an issue that the people of Ukraine have been speaking out on. They realize that their government is corrupt, and many initially voted for Zelensky as he campaigned on the promise to end government corruption. My sources have said there are ongoing protests over Zelensky’s recent actions that have not been aired on any mainstream media outlet.
The EU is now holding off on providing $20 billion of the $50 billion promised to Ukraine under the Russian asset confiscation scheme. If corruption continues, the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) plan to pause funding. The next package to Ukraine’s Facility Program has been reduced to 3.05 billion euros ($3.5 billion) from 4.5 billion euros ($5.2 billion) as a direct result of ongoing corruption. “Everything has been put on hold until the situation is corrected,” EU officials stated to Ukrainska Pravda.
The European Union has provided Ukraine with $48.6 billion in funds since the war began, and provided another $9.3 billion through frozen Russian assets. Yaroslav Zheleznyak, deputy chairman of the parliamentary tax committee, admitted that Ukraine has only fulfilled 5 of the 11 requirements to join the European Union in a move that could cost Ukraine 3 billion euros. Ukraine is anticipating a 17.2 billion euro ERA loan and a 12.5 billion euro loan to the Ukraine Facility in 2025, but none of that will happen if Zelensky continues down his current path.
Ukraine’s government has no checks and balances for how it spends these loans or donations. The government claims it is operating at a $19 billion deficit despite the large increase in aid. Analysts estimate that the deficit will rise to $40 billion if EU aid ceases. Now, the IMF stipulated that Ukraine needs to reduce its budget deficit to 10% of GDP in 2026 to continue to receive financing.
Several parliament members voting on the future of the NABU and SAPO are currently under investigation by those agencies. They’re going to vote in their best interest, as no government employee is actually a public servant. The Verkhovna Rada will reconsider the future of these anti-corruption agencies on July 31. Rest assured that the corruption will continue, but Zelensky cannot be as blatant about his dealings now that funding is on the line.
Posted originally on Jul 30, 2025 by Martin Armstrong
The Environmental Protection Agency determined in 2009 that greenhouse gases were endangering life on our planet. The agency put forth a study to promote the passing of the Clean Air Act, enabling the government to regulate energy. The EPA under Trump is now seeking to overturn this study as scientists now believe that greenhouse gases are not harmful to humans.
The Supreme Court ruled in Massachusetts v. EPA that the government is required to regulate and monitor carbon dioxide and other greenhouse gas emissions, as mandated by the Clean Air Act. The EPA under the Obama Administration declared in 2009 that greenhouse gases posed a serious risk to public health and welfare. In May 2009, Obama implemented the first national policy to reduce greenhouse gas emissions from cars and trucks. Since then, every sector using any form of fossil fuel has been targeted by government. The American Recovery and Reinvestment Act under Obama, a much smaller-scale version of the Inflation Reduction Act under Biden, allocated $7 billion to the EPA to clean up the environment. The EPA experienced record-breaking funding in 2010 when it was awarded $10.5 billion to address climate change. The government has since gained control over the entire energy sector, weaponizing an allegedly potential threat to gain control.
The ”endangerment finding” from 2009 may be overturned. “This long-overdue finding cements 2009’s place in history as the year when the United States Government began seriously addressing the challenge of greenhouse gas pollution and seizing the opportunity of clean-energy reform,” then-EPA Administrator Lisa Jackson said in announcing the decision. Reversing the 2009 decision would reverse regulations that the president stated has “imposed trillions of dollars of costs on Americans.”
“The Obama administration said that carbon dioxide, when mixed with a bunch of other well-mixed gasses, greenhouse gasses, that it contributes to climate change. How much? They don’t say… they say that climate change engenders human health, so because of these different mental leaps… then there were all sorts of vehicle regulations that followed,” Environmental Protection Agency Administrator Lee Zeldin stated. “This has been referred to as basically driving a dagger into the heart of the climate change religion.”
Zeldin said that the Democrats used climate change scare tactics to “basically regulate out of existence” fossil fuels. He projects this massive regulation effort will save American taxpayers $1 trillion.
“Even if the United States eliminated all of its greenhouse gas emissions, it would have little to no measurable effect on global temperatures,” Daren Bakst, director of the Center for Energy and Environment at the Competitive Enterprise Institute admitted.
Look how far the agency was willing to go to stifle the production of emissions. They were seeking to limit our individual freedoms from banning cars to stoves and far-left climate zealots suggesting the government monitor everyone’s carbon footprint. America lost its energy independence between Obama and Biden and it was all tied into the globalist agenda of the Great Reset. Every nation that has adhered to climate change policies is experiencing an energy crisis for which they have no solution. You simply cannot eliminate fossil fuels without a reliable alternative and you definitely cannot significantly limit carbon emissions without changing life as we know it.
Critics believe the measure is merely to support Big Oil and permit coal and gas plants to pollute the environment. Trump did declare an energy emergency at the start of his presidency, famously saying “drill baby, drill,” as a nudge to begin extracting oil once more. The truth of the matter is that fossil fuels are essential for our survival. The EPA deliberately exploited the threat of greenhouse gases to grant the government authoritative power over energy.
Posted originally on Jul 30, 2025 by Martin Armstrong
Where have we seen this before? President Volodymyr Zelensky is wiping through troops so rapidly that he is encouraging men and women over 60 years of age to enlist in the military. Previously prohibited, Zelensky signed the measure into law under the premise of martial law.
The new law encourages people over 60 to sign up for one-year military contracts if they are cleared to serve. There is now no maximum age of service. The Ukrainian military will place seniors under a two-month probationary period to see if they are fit to fight. I fear where they would place these individuals on the battlefield.
Last April, Zelensky also lowered the draft age from 27 to 25. Casualties outnumbered estimates, and in February 2025, Zelensky implemented one-year military contracts for teens and young adults aged 18 to 24 on a voluntary basis. The youngest and oldest among the population are encouraged to fight voluntarily, for now—again, where have we seen this before in modern history?
The Kyiv Independent recently published an article regarding the manpower shortage. Ukraine began a military campaign to specifically target women. They believe women are discouraged from fighting due to “Soviet-rooted prejudice” and are firing up the propaganda to encourage women to enlist. There are currently 70,000 women serving in Ukraine’s military, but the nation needs more women to replenish the ranks.
Ukraine’s military was slated to be around 1 million strong at the beginning of the year, but Zelensky wants to increase that number by 50%. “The Ukrainian army is the largest in Europe. The second place after us (France) is four times smaller than us,” Zelensky attempted to brag. “I think the French have about 200,000. We have 980,000.” Russia allegedly has 1.5 million troops but actual data is opaque.
Zelensky needs everyone in Ukraine to prepare for battle. Children are learning about firearms and ammunition in school. There will come a time when service is no longer voluntary for women, seniors, teens, and young adults. The entire civilian population is expected to sacrifice itself for the deadliest European conflict since World War II, which could have been prevented.
Kaja Kallas displayed her incompetence as she is conflicted by personal hatred of Russians. Despite her catastrophic meeting with China’s High Commissioner for Foreign Relations, she tried to lecture him about EU values and democracy when neither she nor Ursula had been elected. She then demanded that China submit to the rules-based order of the EU and unimaginably demanded that China condemn Russia’s military operation in Ukraine, cease providing support, and use its influence to tell Putin to surrender and stop Russia’s advance westward.
Wang Yi respectfully stated that China was not helping Russia in the conflict with Ukraine. He added that he had no intention of interfering in that conflict. Moreover, he bluntly informed Kallas that China had no intention of standing idly by and watching Russia lose. He stated that China believes that if Russia were defeated, the EU and NATO would turn on China next. It was reported that observers never saw Wang Yi so angry at the arrogance of Kallas.
As Sun Tzu said, you must know your enemy and yourself to be able to succeed. If you do not know either, you will be defeated. Here, Lavrov and he view from a speech just the other day, the Russian interpretation of what is truly going on.
Posted originally on Jul 29, 2025 by Martin Armstrong
As expected, Russia essentially told Trump to shove it. I believe that Trump gave his 10-12 day ultimatum as part of pressure from the EY, which is desperate for war. All I can say is that Trump is playing a perilous game, and he is on the wrong side. If Trump were serious about PEACE, then he should demand that Europe simply honor the Minsk Agreement, and the killing would stop within the hour.
The Kremlin spokesman Dmitry Peskov was gracious. He respectfully said that Moscow has “taken into account President Trump’s statement yesterday.”Effectively, Peskov made it clear that Russia will continue to engage in fighting in Ukraine. Peskov added that Moscow remains “committed to the peace process to resolve the conflict around Ukraine and to ensure our interests in the course of this settlement,” according to TASS.
Let’s be honest here. Is Trump blind? Putin agreed to two peace deals. The first time, Merkel admitted the West lied and had no intention of honoring it. Then another was about to be signed, and Boris Johnson rushed to Kiev to instruct Zelensky that he was not allowed to sign any peace deal. Excuse me, but if I were Putin, there is no way you are going to fool me a third time.
While Peskov said that Russia was still interested in rebuilding ties with the United States, the issue is not currently on the table. In a post on X, former Russian President Dmitry Medvedev, the deputy chairman of the Security Council of the Russian Federation, said Trump was playing “a game of ultimatums” that could lead to a war involving the United States. This is what I have been warning about. Everyone knows this is NOT a war between Russia and Ukraine. This is a war between Russia and NATO.
Medvedev pointed out that “Each new ultimatum is a threat and a step towards war. Not between Russia and Ukraine, but with [Trump’s] own country.” It was Trump who indicated that he was not interested in more talks with Putin. He said sanctions and tariffs would be used as penalties for Moscow if it did not meet Trump’s demands. Sanctions and tariffs will only further ensure an economic depression for the EU into 2028. Trump has gone off the rails, threatening sanctions on both Russia and buyers of its exports unless progress is made.
This will not be simply a trade war. This is the same tactic that FDR used on Japan that led to WWII. So Trump is going to put sanctions on India and China for buying Russian oil? I do not know who is advising Trump, but even threatening this type of action has already resulted in the formation of BRICS. Putting sanctions on India will be a huge mistake. As of mid-2024, India holds about $240 billion in U.S. debt, making it one of the top 15 foreign holders of U.S. Treasury securities. For comparison, China holds around $770 billion. At the same time, India has been adjusting its holdings of U.S. debt, though the available data does not explicitly state large-scale sales. India is promoting rupee-denominated borrowing (e.g., Masala Bonds) and deepening its sustainable debt market (now worth $55.9 billion) to reduce reliance on foreign currency debt. It appears that India is in a position to start dumping US debt if Trump dares to impose sanctions, and this will result in a declining dollar against the rupee from 2025.
I remain concerned that this can backfire and we see Putin replaced by Medvedev, who understands this is a NATO threat to conquer and break up Russia, destroying their country and Kallas of the EU has openly declared.
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This is a library of News Events not reported by the Main Stream Media documenting & connecting the dots on How the Obama Marxist Liberal agenda is destroying America