Europe’s Coming Winter From Hell: Thanks for Your Sanctions War, Washington!

Source: Caitlin Johnstone

Europe’s impending depression is not to be discounted in terms of its relevance to this side of the Atlantic pond. Since the turn of the century, US exports to the European Union have soared from $12.3 billion per month to $30.4 billion. That latter amounts to $365 billion on an annual basis.

Needless to say, when European GDP descends into a double-digit slide, demand for US exports will plunge, causing declines in production and employment on this side of the Atlantic.

Europe’s Coming Winter From Hell: Thanks for Your Sanctions War, Washington!

U.S. Strategic Petroleum Reserve Falls To 35-Year Low as American crude heads overseas at a record pace

U.S. Strategic Petroleum Reserve Falls To 35-Year Low

According to the Institute of Energy Research, the SPR is expected to shrink to a 40-year low by the end of October, with inventories then at 358 million barrels, compared to 621 million barrels a year ago.

Related:

US oil exports to China and India jump as American crude heads overseas at a record pace

The only thing that climbed as high as gas prices earlier this year was the disapproval of US President Joe Biden 😂

Biden was wrongly blamed for rising gas prices. But he doesn’t deserve much credit for the drop

Don’t say we didn’t warn you – Symposium of China’s top think tank sends classic, pre-war warning to provocative Pelosi

“Don’t say we didn’t warn you!” – a phrase that was used by the People’s Daily in 1962 before China was forced to fight the border war with India and ahead of the 1979 China-Vietnam War, was frequently mentioned during a forum held Friday by a high-level Chinese think tank, as analysts warned that open military options and comprehensive countermeasures ranging from the economy to diplomacy from China await if US House Speaker Nancy Pelosi gambles with a visit to the Taiwan island during her Asia tour.

Don’t say we didn’t warn you – Symposium of China’s top think tank sends classic, pre-war warning to provocative Pelosi