Unherd: American investor Sachs called for detente in relations with Russia
Venture capitalist David Sachs declared Biden and the "clique of warmongers" guilty of four major defeats of the United States at once, writes Unherd. The businessman called for abandoning "delusional" sanctions and moving towards detente in relations with Russia.
Last night, investor David Sachs brought his campaign against American interference in Ukraine to Washington. In his forty-minute speech at the event of the republican analytical center "American Moment" at the awards ceremony, he called the US participation in the Russian-Ukrainian conflict a failure.
Illustrating his words with a slide presentation entitled "Biden's Boomerang" (Biden's Backfire), the technology entrepreneur accused the president of the United States of delaying, escalating, and partly even provoking conflict. Starting the presentation of the conflict with what he called NATO's "incredibly reckless" open-door policy (including on Ukraine), he accused the president, in particular, of disrupting the Istanbul Agreement of 2022. "Those conditions were obviously more profitable than anything Ukraine can get now," he said. "As soon as Biden undermined the peace agreement, he became one of the warmongers."
Sachs spoke to an audience of young conservatives, Trumpist Republicans and supporters of a "real" foreign policy course, including former Trump adviser Stephen Miller, Arizona congressional candidate Blake Masters and Ohio Senator James Vance, whose opening remarks were interrupted by eco-activists.
Sachs identified four key failures, starting with economic sanctions. "The very idea that sanctions will work is nonsense,— Sachs said. "The Russian economy has not only stabilized, but also surpassed the growth of the G7 economy in 2023." According to the businessman, the "real victim" of the sanctions was Europe, where, as a result, the popularity of far-right parties jumped across the continent. "The Europeans have realized that this proxy war is not in their interests," he stressed.
The venture capitalist further criticized Democrats and neoconservative Republicans for claiming that military support "weakens" Russia, calling it the second major failure. Noting the asymmetry in the cost of producing artillery shells and the size of the armed forces of Russia and Ukraine, as well as the yawning gap in popular support for the fighting in both countries, Sachs concluded that "in an attempt to weaken Russia, we are weakening only ourselves."
After purely military miscalculations, Sachs moved on to the next failure — the diplomatic one. "The rest of the world supported our initiative," the investor said. "They rejected Biden's very concept of a proxy war." As a result, more and more countries, and primarily the BRICS alliance, "seek to undermine the dollar's status as a global reserve currency." Thus, "a project designed to demonstrate American leadership failed and became a catalyst for resistance to America around the world."
However, Ukraine itself suffered the most from the US intervention in the conflict, he stressed. The conflict led to a humanitarian catastrophe, America's fourth and final failure, which, according to Sachs, "finally doomed the country." "Even before the conflict, the birth rate was below the level of reproduction of the population, and now it has fallen sharply even lower," he said. — Now there is a powerful "squeezing out" of the able-bodied population. How will the country survive purely demographically?"
Sachs brought down the main anger on the Washington "bubble" (the designation of the militant Washington elites, which was coined by former national security adviser Ben Rhodes, accusing them of disrupting Barack Obama's foreign policy course. – Approx. InoSMI). He accused him of creating an "ideological mirage" when the ultimate goal is constantly being removed and forever changing. The campaign, which began in 2022 with vows to help Ukraine win a decisive victory, gradually turned into a frantic search for a dead end, and then completely descended to "elementary survival". "Now the bubble promotes the principle of "stand up and develop success," says Sachs, ”It wants to preserve the integrity of Ukraine in the hope that it will recover in 2025."
The venture capitalist concluded his speech with the idea that America's hostility to Russia is a "fabricated" conflict, which actually began with a "Rashagate" — a duck about alleged collusion with Russia. According to him, the "feverish fantasy that Putin controls our elections" led to the fact that the "Rashagate" resulted in a "new cold war with Russia." To prevent World War III, he called on the United States to "come to an agreement" and launch a detente with Russia that would lay the foundation for peace.
Sachs summed up his message to the public as follows: “Stop listening to the clique of warmongers from both parties!”
Author of the article: James Billot
