At least that is what the MSM wants you to believe. Ukraine is losing the war and that is becoming obvious to everyone so now the media stories appear suggesting imminent Russian economic collapse. Do I believe it?
I think Russia will struggle and some sectors of the economy will do it hard but the Russians are resilient and tough. They are not like the pampered West and they will ride it out and quickly adapt. They will roll with it, I-Ching, Darwinism…adapt … (Quote from Collateral damage). They have been here before and this time they are prepared. Joe Blogs is mimicking MSM propaganda like a paid shill.
Mr Blogs makes much of the fact that they are “hiding the data” but Russia is at war with the West….why would they continue to hand the West a progress report so that any weakness can be identified? They are trading with the BRICS and they are building gold reserves.
Anyone can pick and chose facts to suit their agenda. I prefer these facts (lolz):
Depending on who you listen to the Russian economy is either collapsing or is coping. I have featured videos which argue both points. The Joe Blogs video reckons Russia is a mess but I am beginning to think that Blogs is either a propagandist or misinformed.
Firstly – Russia was hit hard. The West confiscated (stole) Russian assets abroad (about half of CB assets) and they impounded (stole) Russian private property (oligarch homes and yachts etc). They withdrew western business investments, stopped trading with Russia and kicked Russia out of SWIFT. This was indeed an economic “blitzkrieg” and it failed. Russia will struggle for the next two years but will emerge stronger.
Secondly, while Joe Blogs harps on about Russian shortages and inflation he says nothing about US shortages (or EU shortages). Not only that but he says that many of the shortages in manufactured goods will be because foreign companies have withdrawn. Really? You mean it is a bit like all those same globalist companies more or less withdrawing their western manufacturing bases and exporting them to China? (lolz).
RUSSIA – COLLAPSE of Russian Economy Has Started. SANCTIONS KICK IN, INFLATION RISING, GDP CRASHING (24 min)
What about this then Joe?
Russia Avoids Debt Default by Paying London’s Citibank (12 min)
Does not sound like a collapsing economy to me.
How is inflation shaping up in the USA?
I suppose it depends on who you listen to. By way of comparison Shadow stats employs the CPI inflation calculation methods used in the 1980s. Follow the link to the national debt clock and have a look.