TFIGlobal
TFIGlobal
TFIPOST English
TFIPOST हिन्दी
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
No Result
View All Result
TFIGlobal
TFIGlobal
No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

Countries who chose Biden over Putin are now suffering their worst ever economic crises

Vikrant Thardak by Vikrant Thardak
May 3, 2022
in Geopolitics
Countries who chose Biden over Putin are now suffering their worst ever economic crises
Share on FacebookShare on X

Let’s start this article by highlighting the emergence of a worrisome trend across the globe. Soaring inflation is wreaking havoc on almost every nation that chose Biden over Putin. Let the data speak for itself.

Inflation in South Korea has reached a 13-year high

Also Read

India’s S-400 System Downs Pakistani F-16 and JF-17 Jets

US-Houthi Ceasefire Ahead of Trump’s Gulf Visit

‘Rocketman’ Kim Jong Un, unleashes ballistic missile barrage into the sea of Japan

Inflation in Japan hits the highest point in 20-years

Inflation in Germany reaches a four-decades high

Inflation in Australia is surging at the fastest annual pace in two decades

The inflation rate in Canada surges to a fresh 30-year high

Do you know what these nations do have in common, apart from a beleaguered economy? Well, all of these nations are American allies.

Yes, these nations chose to follow Biden’s diktats instead of pursuing their national interests, and that’s where they lost the plot.

You see, Russia is a global powerhouse providing Europe and East Asia with gas supplies and other means to fuel their economy.

So, when Joe Biden asked all these nations to stop importing gas, coal and crude from Russia, economic crisis and soaring inflation in these nations became imminent.

These nations failed to understand that while punishing Russia for its actions in Ukraine was important, keeping their house in order by securing energy supplies from Russia or wherever was even more needful.

And then we come to nations like India, UAE, Saudi Arabia and the ASEAN region. These nations have approached this crisis with a neutral standing, and expectedly, these economies have performed far better than that of western nations.

In March, the inflation rate in India reached a 17-months high. In April 2022, the inflation rate in Saudi Arabia was faring around a mere 2%. As per IMF data, inflation in Asia is expected to hit 3.4 percent in 2022.

It may be mentioned that the economic crisis in China has dominated these inflation numbers in Asia more than the Russia-Ukraine crisis. All in all, by staying neutral in this Russia-Ukraine crisis, these nations have insulated themselves from the war-borne economic ramifications.

For example, India, a nation of 1.4 billion people, has so far successfully navigated this global inflation crisis by importing discounted oil from Russia. Had India followed Biden’s lead in sanctioning Russia, millions in the South Asian nation would have gone bankrupt.

Read More: China was merrily usurping Russian firms. India swept in and stopped it

Only this April, it was reported that India has successfully eliminated extreme poverty from the country even after the pandemic. So, it makes complete sense for India to keep importing cheap crude from Russia instead of joining Biden’s reckless anti-Russia campaign.

Experts fear that this prolonged phase of soaring global inflation heralds the onset of a 2008-like economic crisis in the world. Increased inflation, bundled with falling GDP and rising unemployment, in Europe and North America suggests that the world could soon hit a recession that could strike the global economy in the most painful manner.

Global economic stability requires unhindered energy supplies and a predictable geopolitical environment. The senile administration in the US, led by a 79-year-old nasty old man, has destroyed both of them.

The most powerful country on this planet, the USA, has been playing the role of a peace-breaker during this crisis. Ans USA’s allies, who had counted on Biden’s seemingly promising war against Russia, are suddenly finding themselves hanging in the balance. Finally, they are realizing the folly of relying on the wisdom of a 79-year-old man literally with no skin in the game.

Watch –

ShareTweetSend
Vikrant Thardak

Vikrant Thardak

I see truth

Also Read

India’s S-400 System Downs Pakistani F-16 and JF-17 Jets

India’s S-400 System Downs Pakistani F-16 and JF-17 Jets

May 8, 2025
‘Rocketman’ Kim Jong Un, unleashes ballistic missile barrage into the sea of Japan

‘Rocketman’ Kim Jong Un, unleashes ballistic missile barrage into the sea of Japan

May 8, 2025
China outmanoeuvres Trump? Albanese emerges victorious in the Australian elections

China outmanoeuvres Trump? Albanese emerges victorious in the Australian elections

May 8, 2025
China's Proxy War in South Asia: Arming Pakistan and Spreading Disinformation"

China’s Proxy War: Arming Pakistan and Misinformation Tactics

May 8, 2025
Putin’s show of strength, as global leaders gather for Victory Day Parade

Putin’s show of strength, as global leaders gather for Victory Day Parade

May 8, 2025
Global Tensions Rise as Arctic Resource Race Escalates

Global Tensions Rise as Arctic Resource Race Escalates

May 7, 2025
Youtube Twitter Facebook
TFIGlobalTFIGlobal
Right Arm. Round the World. FAST.
  • About Us
  • Contact Us
  • TFIPOST – English
  • TFIPOST हिन्दी
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy

©2025 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIPOST English
TFIPOST हिन्दी

©2025 - TFI MEDIA PRIVATE LIMITED

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.