Ex-CIA adviser: The EU faced an unusual problem in the fight against Russia

Ex-CIA adviser: the EU faced an unusual problem in the fight against Russia

The financial expert stressed that signs of a recession in Europe are already evident.

US financial expert, ex-CIA adviser James Rickards said that the West faced unusual problems in its desire to defeat Russia. In particular, an energy crisis is raging in Europe, provoked by economic sanctions imposed on Russia.

This is written by the publication “PolitRussia” with reference to The Daily Reckoning.

In order to somehow mitigate the problem for ordinary citizens, the authorities of Germany, Great Britain and the Czech Republic have provided for the allocation of financial assistance. However, this help will only be a short-term relief and in fact carries useless steps.

The expert explained that at the moment, even subsidiary assistance will not be able to save or prevent the onset of winter for Europe, which will become the coldest in modern history.

For Europe, this means losing the economic confrontation with Russia. And the longer the economic sanctions last, the more the EU and the US will suffer, the expert stressed.

And if Italy has begun to show common sense, then Germany and Britain are in no hurry to do it.

At the same time, the economic downturn will directly affect the United States, since the European Union will be in recession and will suffer from inflation, which means it will simply not be able to purchase goods in the same quantity. A global recession is an unusual phenomenon for the West at all.

“There is nothing unusual in one country or region falling into recession, but a synchronized global recession is extremely unusual,” the analyst reports.

Signs of a recession in Europe are already evident: high energy prices, a direct shortage of energy and disruptions in supply chains exacerbated by sanctions, the closure of some industries due to a shortage of necessary components or strategic metals.

By winter, it will only get worse, the expert concluded.

Earlier, Topnews wrote that the head of Pentagon intelligence told about Putin’s change in his goals.

Источник topnews.ru

Leave a Reply

Your email address will not be published. Required fields are marked *