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.
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.
How can these thieves possibly extort any more money from the people without fear mongering? Also, they Need a big distraction from their own economic collapse.
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"???
Over the last few years, I have been warning people of the possibility of 'Negative Growth". We have had it so good for 100 years, that people can't comprehend a shrinking economy?
President Eisenhower has been right about the military industrial complex for over 60 years.
Absolutely the MIC runs this country. It really doesn't matter who is in the office Rep or Dem, the MIC is the Chief Executive Officer
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.
I agree with you Nick, I don't think Russia has any intentions to invade other parts of Europe
How can these thieves possibly extort any more money from the people without fear mongering? Also, they Need a big distraction from their own economic collapse.
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"???
I think your analysis is spot on Paul, the UK just officially entered a recession today
Over the last few years, I have been warning people of the possibility of 'Negative Growth". We have had it so good for 100 years, that people can't comprehend a shrinking economy?