Obama’s Russian Sanctions Are Backfiring on US & Further Destroying The World Economy

The US up until Bush, Jr has been the driving force behind the World Economy. I warned that the USA peaked in 1999 and that we would begin to see a decline that would result in the fragmentation of the USA at the end of the cycle. However, the cycle of Political Change on the USA peaked in 2013. On April 18th, this is when the confrontation between Obama and Putin began as he tried to gear-up for war to get a pipeline through Syria to compete with Russia. Syria was then accused of using Chemical Weapons. The model turned April 22nd, 2013.
It was also April 2013 when North Korea’s Kim Jong-un, despite stiffer sanctions from the UN, announced plans to expand his nuclear weapons and strengthen the country’s economy. So much for sanctions working there. Nevertheless, Obama has been implementing sanctions against Russia, but Obama’s pattern of complete disaster in foreign policy is repeating yet again as Europe is suffering an economic implosion and Obama has dealt a serious death-blow to the GDP of Europe particularly in agriculture. The golden rule in France – never mess with its farmers.

This post was published at Armstrong Economics on October 1, 2014.