Putin’s Gift to Biden

It’s a new chapter in a story of what looks to be a very dark century. [Gilder's Daily Prophecy] February 25, 2022 [UNSUBSCRIBE]( | [ARCHIVES]( Buy V__E NOW! [Click here to learn more]( Multimillionaire Crypto Investor James Altucher just uncovered an unusually tiny crypto that he believes could soar for tremendous profit potential in the very near future. Here are the quick details: - It’s ticker symbol is V__E. - It currently trades for just $.07… And… - A major market catalyst could send this tiny coin FLYING -- as soon as this upcoming week. So how can you get in position? [Click here now for details.]( It’s come to our attention that you might be missing out on extra benefits exclusively for Gilder's Daily Prophecy subscribers. Check out our website where you can find archives, updates, and everything else included in your subscription. You can access it by [clicking here now](. Putin’s Gift to Biden [Jeffrey Tucker]Dear Daily Prophecy Reader, Political leaders in the US, Canada, Germany, and France got back on script yesterday. They could not wait to get to the microphones. They all seemed to have new energy and purpose in life. Politicians are made for this moment! They are vastly more talented at dishing out righteous opprobrium directed at foreign beasts, which make far more compelling enemies than invisible viruses. As Russian bombs rained down on Ukraine, Western leaders — having spent the better part of two years bullying their citizens and quelling protests — spoke in soaring tones about freedom, democracy, peace, and human rights. They condemned the brutality of Putin and his revanchist vision of Tsarist restoration. They had a new sense of resolve in their moral superiority as leaders of the free and modern republics that do not invade their neighbors. The part we do not see is that many of these people — together with media organs and administrators of many deep-state bureaucracies — are absolutely thrilled to start a new season. Away with the appalling mismanagement of the pathogen. Away with public anger toward the lockdowns and mandates. Forget the collapse in children’s literacy, the rise in cancer, the waves of depression, the trucker protests, the collapsing polls of many elected leaders, and forget too the inflation, the federal debt, the supply-chain snarls and goods shortages. Forget all the astonishing botches of everything. Life was never as good in living memory as when we had a solid foreign enemy named Russia with a leader with a name and a face. Everything wrong with the world could be personalized, and with storybook thematics: good vs evil, freedom vs despotism, democracy vs dictatorship. This great struggle was so good for both sides that they made it last 40 years. There must be a certain nostalgia for those days alive in the hearts of incumbent political establishments today. And so, Putin has given Western political elites a wonderful gift. He has created a template that allows them all to say in unison: there is something even worse than us. They can hope for a turnaround in their sagging polling numbers, new respect and appreciation for their strong leadership in a time of crisis, and more reliably depend on a deferential media that knows the ways of wartime require parroting whatever powerful foreign-policy experts say in public and private. The End of the Empire There is some powerful symbolism here with Putin’s outright military invasion. He knew that he could count on both India and China to look the other way, even tacitly approve his move. And he knew for sure that NATO countries would bluster and impose sanctions but were not in a position to do anything beyond that. He further knew that Ukraine was an easy win for him personally and politically. He has finally pushed back against NATO expansionism into Russia’s traditional sphere of influence, and caused the opening of a new chapter in world affairs. He has made it clear to the world that the American century is over. Even more extraordinary, he has a clean path to retaining that power at home. Anti-war protests broke out in many cities in Russia. God bless these protestors, their resolve, their courage, their love of peace. If Putin is looking for a way to deal with them, he need only look to how Justin Trudeau dealt with the protests in Ottawa. Dox them, seize their bank accounts, and send in heavy armed military-style cops without badges and faces. Breaking: Ex-Pentagon Insider’s Disturbing Message for America He warned about the 2008 financial crisis a full two years in advance. He’s predicted everything from the coronavirus crash, the election of Donald Trump, Brexit, and more. And he just went live with a disturbing new warning for America. One that could have devastating consequences for anyone that’s still holding stocks, cryptocurrencies, or cash on [3/10/2022](. If you have money in the markets, or you are worried about America’s financial future… You need to [heed his message]( now… because once this crisis hits it will already be too late. [Click here to learn more]( The West’s Gift to Putin The “free world” has lost the moral high ground to preach to the “unfree” world about rights, liberties, and democracy. For two years, most every government in the West experimented with new forms of servitude in the name of public health. They showed how emergency powers can be deployed to lock people in homes, shut businesses, cancel church, ban travel, and censor speech — massive attacks on essential freedoms all justified simply because the people in power said it was justified. Further, the pandemic response revived the utility of nationalism (with travel bans and even vaccine approvals), class demarcations in policy (essential and nonessential businesses and workers), and the unquestioned hegemony of the administrative state over the whole of society. Even the courts went silent, and even the media could be relied upon to quell dissident voices and push out propaganda from the bureaucracies. Big tech, once decried by the establishment for its libertarian ethos, also enlisted on the side of control, censoring and canceling accounts that raised doubts concerning the competence of the managerial elite. What a lovely example to display to would-be authoritarians the world over! It was brutal. It contradicted all law and tradition. It flew in the face of public-health science from the past. It was an enormous flop from a scientific point of view, of course. But the enterprise did create a political precedent that will resonate for decades. It firmly established that states can do what they want, when they want, provided the leadership maintains a posture of infallibility and the population is sufficiently fearful. This was the West’s gift to Putin. Putin is now returning the favor. He has volunteered for the role of scapegoat for political establishments that are desperate for a change of topic, something that enables them to once again reclaim the vocabulary about freedom, no matter how implausible it might seem at first. Everyone knows that the best single means of controlling public opinion is the fog of war. All the better if it involves a far-away dictator with imperial ambitions. The Economic Fallout A few final words on the economic fallout. My friends in the oil and gas industry have been blowing up my phone for 48 hours to tell me about wild speculation in the industry. Existing US oil production capacity is going to be maxed out, and everyone is preparing for sky-high gas and heating oil prices. As for the Federal Reserve, it is back to square one. All this talk about raising rates sooner rather than later seems like a moot point. That’s good news for people hoping for as little disruption in financial markets as possible. Bitcoin bounced back too. There are two dates in my adult life that truly seemed darkly shattering of every enlightenment ideal. The first was March 12, 2020, when Donald Trump announced the end of travel from Europe, the UK, and Australia, all in the name of virus avoidance. The second ws February 24, 2022, when Vladimir Putin took the first major steps in the restoration of the Russian empire, thumbing his nose at the once-mighty US empire. It’s a new chapter in a story of what looks to be a very dark century. Regards, [Jeffrey Tucker] Jeffrey Tucker P.S. A message from my colleague, Jim Rickards. If you missed me go live yesterday about Ukraine/Russia here’s your second chance. This war could have a tremendous impact on your wealth in the coming months. 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