The Castle Report

Economic World War


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Darrell Castle talks about the economic warfare being waged across the full economic spectrum by the Western World against Russia, against Vladimir Putin, and against anyone who will not comply.
Transcription / Notes
ECONOMIC WORLD WAR
Hello this is Darrell Castle with today’s Castle Report. This is Good Friday, or the Friday before Easter Sunday and this is the 15th day of April in the year of our Lord 2022. I will be talking about the economic warfare being waged across the full economic spectrum by the Western World against Russia, against Vladimir Putin, and against anyone who will not comply.
Last Tuesday, April 12th was the 77th anniversary of the death of Franklin Roosevelt. FDR conducted a world war, but he did not quite live long enough to see the end of it. Here we are 77 years later once again engaged in a worldwide struggle, but for now our participation is primarily economic and the control of all information.
NATO and the United States confront Russia and challenge Russia for its invasion of Ukraine, but it is the economic model set in place at Bretton Woods after World War Two and solidified by the disconnection from gold or anything of value in 1971 that enabled the West to defeat the Soviet Union in the cold war. It is what caused Vladimir Putin to inherit a broken nation and it is what caused the Eastern European nations to want to follow the West instead of Russia.
The results of economic warfare here in America include inflation hitting a 40 year high in March, with the latest CPI Index at 8.5 %. The Federal Government’s runaway money printing especially since 2020, is certainly enough to spark rising prices, but now we add a war to the equation. The effects of the war are starting to cause ripples across the entire world, more and more inflation, especially for commodities like food fuel and metals.
International trade is starting to break down which will continue to cause more inflation. People expect prices to rise so they buy more thus fueling inflation even more. When my gas tank is about a quarter from full, I stop and top off because I know it will be higher tomorrow, if any is available. The supply chain is being disrupted and breaking down across the world especially in China which seems to make almost everything now. Later this year supply chain problems are predicted to hit food hard with shortages and higher prices.
Doing things intentionally to make this situation a lot worse seems like madness to me, but that is apparently what is happening. Shutting down oil production in the United States and going to the Saudis with our hat in our hands at the same time we cozy up to their Iranian enemies shows either serious weakness in the current administration’s understanding of the world or suicidal intent on a national level. The Saudis recently released a comic video making fun of or mocking the president and vice president of the United States which is now viral. So, the Saudi sheiks, who murder homosexuals and who treat women as property laugh at and mock the United States and its leadership, but Washington still goes begging to them
The Western Nations, led by the United States, have sanctioned just about everything in the world that is Russian. They have shut down their own fuel supply and barred any imports from Russia. The exception is Europe’s dependence on Russian gas which has been allowed to continue. What would happen if Putin simply turned off the spigot, no one seems to know, but it does serve to highlight the hypocrisy of the thing.
In China, which as I said earlier, makes just about everything and ships just about everything, is so disrupted right now that by the fall of this year the world has to be in a terrible bind supply wise. First you destroy your own nation’s ability to manufacture by shipping all manufacturing to low wage countries, primarily China, then you decide to conduct economic warfare against all the countries that make everything y...
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The Castle ReportBy Darrell Castle

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