Economy

Biden’s had enough; He wants Americans to know the inflation that began a year ago is Putin’s fault

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Addressing House Democrats at their Philadelphia retreat on Friday, Biden unleashed his anger on Americans who attribute our record high inflation rate to his administration’s excessive spending. “I’m sick of this stuff,” he railed, with his hands pointing toward his neck to show he’s had it up to “here” with being blamed for the sharp …

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Must-Read Thread KOs Biden’s Claim His Policies Aren’t Holding Back US Energy Production

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During his announcement of the US ban on Russian oil imports on Tuesday, President Joe Biden told us: “It’s simply not true that my administration or policies are holding back domestic energy production. That’s simply not true. […] We’re approaching record levels of oil and gas production in the United States, and we’re on track …

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Biden Economic Advisor Schools Americans on the Path to Energy Independence

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An intelligent U.S. president assessing the current energy situation would conclude that now might be a good time to loosen regulations on oil and gas drilling, rethink the Keystone XL Pipeline and maybe open up drilling in ANWR. After all, the world has suddenly become a more dangerous place and energy independence is essential to …

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Thoughts on Ukraine, Part 7: The Joint Corporatist Scenario

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Part 7 looks at the Joint Russia-China corporatist scenario. At what point would the differences rupture cooperation? In the event of a rupture, would one turn on the other? Could China buy up Russian companies and co-opt the interests of the kleptocrats or are their cultures and motives too dissimilar?
One thing is clear, there are stresses in the mix. Lukoil shines a spotlight on them.
Is Putin losing his grip if LukOil feels like they can criticize his strategy and call for an end to it?