Russia to Lead New OPEC?

Russia to Lead New OPEC? by James Rickards for Daily Reckoning

The Ukrainian money-laundering racket continues. Last week Joe Biden pledged another $3 billion in aid to Ukraine. The aid includes weapon systems that will allow Ukraine to defend itself over the “long term.”

Just how long is the long term? How long does the administration plan on watching Ukraine be destroyed simply because they want to weaken Russia?

By now, it’s a familiar script. Ukraine says, “Give us more money and we’ll counterattack.” Then they skim the money, wait a week or two and make the same demand. Biden gives them your tax money. Wash, rinse and repeat.

But support for Ukraine’s money-laundering racket is resulting in the impoverishment of Europe. Germans are buying firewood. Poles are lined up for days to buy coal. They just want to keep warm in winter, but globalist elites don’t care. Regular people are just pawns in the service of the globalist agenda.

Last week, French President Emmanuel Macron said, “We are living through the end of abundance.”

Well, that’s true if elites manage to shut down the oil and gas industries while forcing everyone to use costly and inefficient “green” energy.

Let’s unpack this…

Wolves in Sheep’s Clothing

The green energy crowd talks about sustainability and saving the planet, which sounds nice. After all, who doesn’t want a clean environment and to save the planet? That sounds like a policy we should all applaud.

Unfortunately, the reality is quite different. The movement is controlled by corporate and government globalist elites aligned with the World Economic Forum.

The environmental target is part of the climate alarmist effort to use phony climate change claims as a Trojan Horse to destroy the oil and natural gas industries, shut down internal-combustion engines and force countries to use wind turbines and solar modules that are intermittent and nonscalable.

They’re also trying to take over global finance and central banks (through the Glasgow Financial Alliance for Net Zero, or GFANZ), to prevent new loans to oil and natural gas firms and to force loans to subsidize electric vehicles (EVs) and battery manufacturers.

Never mind that CO2 is not poisonous (it’s plant food and humans exhale it all day) and that batteries are poisonous. Never mind that there is no climate change emergency. There simply is no existential climate crisis as the alarmists claim.

There may have been very slight warming from 1995⁠–⁠2005 (which is perfectly normal) but there is no evidence either that CO2 is the principal cause or that human activity is a material factor.

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