Turning Hard Times Into Good Times

John Rubino, Patrick Highsmith & Michael Oliver are this week’s guests. After the fall of the Soviet Union, the world engaged in global trade on a scale never before in world history. The U.S. entered into this new era by off-shoring major industries in countries with low cost labor. That not only devastated America’s middle class but it also made America extremely vulnerable to China which now produces many life-sustaining products that America no longer produces. America employed fiat (aka, “fake”) money accepted globally, aided and abetted by American military force. Nations like Russia and China took note of America’s global expansion funded with an intrinsically barren dollar and Russia, in particular, became angry with America and NATO having dishonored its promise to a fallen Soviet Union not to add one inch of new territory into NATO. The talk of adding the Ukraine into NATO was line in the sand for Putin who responded by invading Ukraine. Sanctions against Russia gave Putin no choice but to ceas