EU Efforts to Reduce Russian Ruble to Rubble Have Made a Baerbock-ean 360 Degrees Twist

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    by Natasha Wright, Strategic Culture:

    The Collective West on their steep downward civilization trend are doing their best to get their nanny state-addicted, complacent populations slowly used to the new age of a dysfunctional society.

    EU (and the USA) have repeatedly tried bulldozing anti-Russia sanctions in the past year but all the attempts at reducing the Russian ruble to rubble have made a Baerbockean 360 degrees twist and turn with Vladimir Putin and Xi Jinping not even raising an eyebrow.

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    Those who run the EU either overtly or behind the diplomatic curtains seem to have had one more indecent intention to score yet another more or less meaningless, financially political point, just like all the others they have made to date, in that they will adopt their tenth jubilee set of anti-Russian sanctions. And alas, there lies their ill-fated symbolism which regrettably far too often likens the antics of Mr Bean. The EU and the NATO jackals alike tend to prefer the voodoo symbolism of dates, numbers etc: These were supposed to be voted on and passed on the 24th of February on the one-year anniversary of the beginning of the Russian special military operation in Ukraine. With this utterly empty gesture they wanted to show how much they cared about their ‘mutual fight’ ‘for the greater good’ (please, excuse my sarcasm) against Russia. But sadly their decision came one day only too late because they did not manage to agree on all the clauses and exemptions that tenth package was supposed to contain. Even more importantly, they found it hard to agree on what was supposed to be exempt from the sanctions so as to avoid the damage done being far more detrimental than the worth of it all at the end of their bureaucratic Brussels’ day for those EU member states strong and powerful enough to relentlessly and shamelessly lobby for ‘their cause’, such as Belgium for instance in the case of its Russian diamonds.

    Though there appear to be somewhat less cynical needs such as those by Hungary and France for Russian nuclear fuel. Conveniently enough, the Brussels bureaucrats resolved the issue by exempting these from the tenth sanctions package. Yet, what is way more relevant than their convenient proclivity to impose sanctions galore, even in the media blackout performed by the Collective West United, there emerges an existential dilemma. Namely, what financial and political grief were they hoping will that said tenth sanctions package give Russia if the previous nine packages have gone completely belly up? And why would any brand new glossed over package be in any way more glorious if it had failed to bring about any new possibly negative trend compared to the nine packages before? Something completely different was supposed to happen in the Brussels algebra lesson. The Collective West in their fit of gambling madness have placed their bets on a completely different outcome. And they have failed miserably.

    Lest we forget, the Russian economy has most probably been subjected to the highest number of sanctions ever in the past year. The White House boastfully promised a 15% decrease in the Russian economy which they announced, without fear of contradiction, would obliterate the previous fifteen years of Russian economic growth. The U.S. President, Joe Biden announced that the Russian ruble would be reduced to rubble (note to SCF readers: it must have taken him quite a while to come up with this play on words, given his demented self. Kudos to his presidential speech writing team, more like it). By the same token, Bruno Le Maire, a French politician was not less picturesque in his choice of words, given that he had studied French literature back in the day and surely not finances nor economy, in that he pompously proclaimed that a financial nuke was deployed against Russia, when Russia was banned from the SWIFT global payment system.

    However, the French Le Monde now writes that Russia mercifully did not suffer an economic collapse the way it was forecasted a year ago by the very same (incompetent) Bruno Le Maire. It indicates that by the end of January 2023, everybody was taken in by a dishearteningly unpleasant surprise with an IMF diagnosis for the Collective West as much as it was utterly undaunting for Vladimir Putin. In a nutshell, instead of said 15% economic decline, only 2.2 % fall was noted in the past year, with the forecasted growth of 0.3 % in this and 2.1 % in the following year, which is, Le Monde warns with an exclamation mark, more than 1.6 % growth expected in the Eurozone. ‘There is no financial coup de grâce against Russia by the Western sanctions’ – Associated Press admits in their analytical attempt to draw our attention to the fact that the Russian ruble compared to the U.S. dollar, has levelled off in the same way as it was during the weeks immediately before the war.

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