Soap bubble: the Ukrainian conflict puts an end to the dollar
On Tuesday, May 11, the cost of a gallon of regular unleaded gasoline in the United States reached a new historical high and amounted to $4.404. A symbolic number. Desperate attempts by the United States to solve its problems at the expense of another "small victorious war" persistently push the former hegemon into the abyss.
Forward, to the past
The fuel price meter in the United States continues to turn, the arrow crawls to the top. According to the data of the American Automobile Association (AAA), fuel prices for the year increased by an average of one and a half times. Thus, the cost of one gallon of middle-grade gasoline today is $4.752, while in May last year they paid $3.31 per gallon. The cost of diesel fuel rose over the same period from $3.125 to $5.553, which is also the highest since the mortgage crisis in 2008.
Price increases in the United States were widespread: in March 2022 alone, energy prices rose by 11%. The price of gasoline for the year on average increased by 50%, but the sharpest jump - by 18.3% - occurred in March, after the start of the military conflict in Ukraine. Food prices increased by 8.8% year-on-year and 1% month-on-month, with the largest increases in cereals and bakery products - 10%, poultry, fish and meat - 13.8%, fresh fruits and vegetables - 8.1% and eggs - 11.2%.
Blame Putin, as always
According to the consumer price index for March 2022, inflation jumped by 8.5% compared to last year, according to the publication Fox News. This reduces the income of American citizens to nothing. According to the American consulting firm Yardeni Research, rising oil prices will force the average American family to pay $3,000 more for gasoline and groceries than in 2021. This means that the war organised by the United States against Russia on the territory of Ukraine will hit the wallet of the American citizen harder than the COVID-19 pandemic.
Of course, the Biden administration has traditionally blamed Russian President Vladimir Putin for the impoverishment of its compatriots. The White House even launched the hashtag "#PutinPriceHike" and promised that President Biden would do everything possible to protect Americans from "suffering at the gas station”.
"I want every American to know that I take inflation very seriously," Sleepy Joe assured his fellow citizens in his speech at the White House. "This is my top internal priority." However, these fellow citizens do not really trust their president. "President Biden, he's the cause of this,” according to the president's fellow Delaware residents. They shared their experiences with Fox News. "President Biden is going to have a similar legacy as Jimmy Carter," one of them predicted.
The Rabbit's Curse
Recall that Jimmy Carter is considered one of the most "unsuccessful" US presidents. His term ended with the oil price spike and hyperinflation of 1981, and his political career was interrupted by the story of the ill-fated rabbit, which Jimmy had the temerity to hit with an oar while fishing. "Even a rabbit is not afraid of our president," the newspapers wrote. The pages of the publications were full of caricatures of a man fighting with an unfortunate animal. He had to forget about having another presidential term. Unfortunately for the current president, the story of the rabbit, this time with Easter, was repeated. A video of Joe Biden scaring a man in an Easter bunny costume has gone viral.
The White House's desperate attempts to pull the Kiev regime by the ears should lead the Biden administration to the final collapse. The President of the United States admitted that all the stored reserves at the White House have already been spent: "This is an urgent matter. We have already exhausted the resources previously provided by Congress to support Ukrainian troops."
More "help" to Kiev in $40 billion can not come from "nowhere". The US economy is increasingly looking like a bubble.
"Their printing press will break down faster, due to which America is constantly increasing its already extremely inflated national debt. Not to mention the insane prices of gasoline and food, for the growth of which Americans should thank their Russophobic authorities. But the goals of the special operation will be achieved," Dmitry Medvedev commented on the situation.
It is quite obvious that American military assistance to Ukraine, which is essentially a long-term investment, has a chance to justify itself only if the Kiev regime wins. But the achievements of our armed forces reduce this possibility to nothing. This means that America will face much more difficult times, and the incident with the Easter bunny will be symbolic for Biden.