{"id":38164,"date":"2018-09-23T06:55:26","date_gmt":"2018-09-23T11:55:26","guid":{"rendered":"http:\/\/olduvai.ca\/?p=38164"},"modified":"2018-09-23T06:55:26","modified_gmt":"2018-09-23T11:55:26","slug":"not-in-tatters-why-the-west-has-failed-to-destroy-russias-economy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=38164","title":{"rendered":"Not \u2018in Tatters\u2019: Why the West Has Failed to Destroy Russia\u2019s Economy"},"content":{"rendered":"
\"Not<\/p>\n

Not \u2018in Tatters\u2019: Why the West Has Failed to Destroy Russia\u2019s Economy<\/a><\/h3>\n<\/header>\n

Despite Barack Obama\u2019s economic sanctions against Russia, and the plunge in oil prices that\u00a0King Saud agreed to with Obama\u2019s Secretary of State John Kerry on 11 September 2014,<\/a>\u00a0the economic damages that the US and Sauds have aimed against a particular oil-and-gas giant, Russia, have hit mostly elsewhere \u2014 at least till now.<\/p>\n

This has been happening while simultaneously\u00a0Obama\u2019s violent February 2014 coup overthrowing Ukraine\u2019s democratically elected pro-Russian President Viktor Yanukovych<\/a>\u00a0(and the head of the ‘private CIA’ firm Stratfor calls it\u00a0\u201cthe most blatant coup in history\u201d<\/a>)\u00a0has caused Ukraine\u2019s economy to plunge even further than Russia’s, and corruption in Ukraine to soar even higher than it was before America\u2019s overthrow of that country’s final freely elected nationwide government, so that Ukraine\u2019s economy has actually been harmed far more than Russia\u2019s was by Obama\u2019s coup in Ukraine and Obama\u2019s subsequent economic sanctions against Russia (sanctions that are based on\u00a0clear and demonstrable Obama lies but that continue and even get worse under Trump<\/a>).<\/p>\n

Bloomberg News headlined on February 4th of 2016,\u00a0\u201cThese Are the World’s Most Miserable Economies\u201d<\/a>\u00a0and reported the \u201cmisery index\u201d rankings of 63 national economies as projected in 2016 and 60 as actual in 2015 \u2014 a standard ranking-system that calculates \u201cmisery\u201d as being the sum of the unemployment-rate and the inflation-rate. They also compared the 2016 projected rankings to the 2015 actual rankings.<\/p>\n

Top rank, #1 both years \u2014 the most miserable economy in the world during 2015 and 2016 \u2014 was Venezuela, because of that country\u2019s 95% dependence upon oil-export earnings (which crashed when oil-prices plunged). The US-Saudi agreement to flood the global oil market destroyed Venezuela\u2019s economy.<\/p>\n

#2 most-miserable in 2015 was Ukraine, at 57.8. But Ukraine started bouncing back so that as projected in 2016 it ranked #5, at 26.3. Russia in 2015 was #7 most-miserable in 2015, at 21.1, but bounced back so that as projected in 2016 it became #14 at 14.5.<\/p>\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Not \u2018in Tatters\u2019: Why the West Has Failed to Destroy Russia\u2019s Economy Despite Barack Obama\u2019s economic sanctions against Russia, and the plunge in oil prices that\u00a0King Saud agreed to with Obama\u2019s Secretary of State John Kerry on 11 September 2014,\u00a0the economic damages that the US and Sauds have aimed against a particular oil-and-gas giant, Russia, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[3306,4394,592,694,701,8203,821,851,965],"class_list":["post-38164","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-barack-obama","tag-eric-zuesse","tag-oil-price","tag-russia","tag-saudi-arabia","tag-strategic-culture-foundation","tag-ukraine","tag-venezuela","tag-west"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38164"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38164\/revisions"}],"predecessor-version":[{"id":38165,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/38164\/revisions\/38165"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}