?? Today we are witnessing the historic endgame playing out. The current war in Ukraine is but one malignant manifestation.

It’s rare for Strategic Culture Foundation to find itself in agreement with pronouncements made by American President Joe Biden.

This week, Biden asserted once again that economic inflation and recession hitting the American economy are “not inevitable”. He is correct – at least in part.

Although not for reasons that he would ever admit ?

Of course, Biden is trying to obscure the grim reality of economic crisis that is afflicting not just the American economy but also the European Union. Inflation of living costs for ordinary citizens in the U.S. and EU are at record highs not seen in decades. There is a sense of calamity in social conditions from mass poverty amid grotesque super-rich inequality. A major input to the general inflation is the soaring price of energy.

The global impact is causing food prices to escalate putting millions of people at risk of hunger, especially in Africa and other low-income nations.

The impending crisis is on an unprecedented scale. Yet, it is not inevitable.

? Read more in this week's Editorial

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