Western media is finally waking up to the fact that Western sanctions against Russia have been a complete failure and the latest economic data coming out Russia is so shocking; it will change everything you know about the Russia and Ukraine War. Last week, the Financial Times broke a story entitled
Perhaps Europeans' concerns about Russia can still be understood, after all, they are geographically close to Russia and Ukraine. However, it is incomprehensible to outsiders why Americans are so actively eager to antagonize Russia, even provoking a proxy war in Ukraine. Either the military-industrial complex controls American politics, or the current American politicians themselves are bellicose. While Russia is certainly not afraid of war, it does not possess the same level of aggressiveness and assertiveness as the United States. To suggest that Russia would invade Europe is probably malicious intent.
Just a personal assessment of activity; But, I think it wildly optimistic to expect any growth from the 'G7' economies in 2024.
The main reason I say this is the evidence of falling Energy Demand. The entire World is using (or paying for) less energy products: Specially in Europe. The prices paid for LNG are dropping in spite of the American decision to halt new liquification facilities. Nordstream is still dead? Japanese and Korean gas prices are falling. US natural gas prices are approaching 50 year lows?
I could imagine the Russian economy to grow a bit. But, the collapse of the West, might have a greater impact than the "Sanctions"???
President Eisenhower has been right about the military industrial complex for over 60 years.
Perhaps Europeans' concerns about Russia can still be understood, after all, they are geographically close to Russia and Ukraine. However, it is incomprehensible to outsiders why Americans are so actively eager to antagonize Russia, even provoking a proxy war in Ukraine. Either the military-industrial complex controls American politics, or the current American politicians themselves are bellicose. While Russia is certainly not afraid of war, it does not possess the same level of aggressiveness and assertiveness as the United States. To suggest that Russia would invade Europe is probably malicious intent.
Just a personal assessment of activity; But, I think it wildly optimistic to expect any growth from the 'G7' economies in 2024.
The main reason I say this is the evidence of falling Energy Demand. The entire World is using (or paying for) less energy products: Specially in Europe. The prices paid for LNG are dropping in spite of the American decision to halt new liquification facilities. Nordstream is still dead? Japanese and Korean gas prices are falling. US natural gas prices are approaching 50 year lows?
I could imagine the Russian economy to grow a bit. But, the collapse of the West, might have a greater impact than the "Sanctions"???