The Nuke Nightmare Scenario
When Russian President Vladimir Putin began wreaking havoc on Ukraine, the West began supporting the country by supplying their troops with arms and issuing harsh economic and energy sanctions against Russia. In response to feeling this pressure from the U.S., Putin announced that Russian nuclear forces would be placed on a higher state of alert. Though President Biden assures Americans there’s no need to prepare for nuclear war, the threat of a modern-day Cold War feels real for many across the globe. Associate Professor at Texas A&M University’s Bush School of Government and co-director of the Albritton Center for Grand Strategy, Jasen Castillo joins to discuss why the U.S. is unlikely to engage in nuclear warfare, how far nuclear weapons have come since they were initially used in 1945, and the role ‘war games’ play in conflicts like the current invasion of Ukraine.
The Federal Reserve is expected to raise interest rates later this week to deal with surging inflation, and many are concerned that that these rising prices of oil and gas could lead to a recession. Republicans have pinned President Biden’s Covid stimulus as the reason behind the rising prices, however the President has shifted blame on the Russian invasion and the sanctions imposed on Russian President Vladimir Putin. Mark Hamrick, Senior Economic Analyst and Washington Bureau Chief at Bankrate, joins the Rundown to discuss updates on inflation, the likelihood of a recession, and the current state of the job market.
Plus, commentary by Jimmy Failla, host of “Fox Across America with Jimmy Failla.”