Charlie starts this episode by outlining a very basic principle: a society requires cheap, abundant energy in order to grow, flourish, and expand the middle class. But in America 2022, which has been rich for 70+ years, many Americans, especially our elitist leaders, feel immune from the realities of economics. As America has waged a green energy war against fossil fuels, Russian President Vladimir Putin is watching the price of oil skyrocket, further underwriting his war machine. So can the sanctions imposed upon Russia by the West actually deter Russia from further aggression? Or are they, as a petrol state, perfectly positioned to weather the sanctioning storm and emerge stronger on the other side? As Joe Biden continues posturing as a tough guy who can go toe-to-toe with Putin, he's completely missing the only metric that Putin really cares about.
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