TheRedPillCommunity
Politics • Education
This community platform is for Empowerment, Truth, and Justice!
Interested? Want to learn more about the community?
US ‘cannibalizing Europe’ – Putin aide

The West is rapidly degrading, while the economies of Russia and the Global South are growing, Maksim Oreshkin says

The US insistence on sanctioning Russia has caused a downturn in the EU economy, according to President Vladimir Putin's top economic adviser, Maksim Oreshkin.

In an interview with Expert magazine published on Tuesday, Oreshkin said the sanctions imposed since February last year have caused the EU to lose both its energy security and a key export market.

Oreshkin pointed to the key factors underlying the EU's economic prosperity, outlined by the bloc's foreign policy chief Josep Borrell. They include easy availability of energy resources from Russia, the use of cheap production in China, and access to the Russian and Chinese markets.

“The gradual loss of these factors is leading the EU economy towards long-term stagnation,” Oreshkin argued, “because European manufacturers now have neither the export market nor the advantages in technology that they had five to ten years ago.”

Oreshkin accused the US of “cannibalizing its European partners, killing European chemicals, automotive and other industries.” This comes amid a broader degradation of the West and its economic model, he said.

“The economies of the Global North – the US, Japan, the EU – are slowly losing their status, their significance. This gradual decay of the countries of the Global North and the growth of countries in the East and South is what will further shape the landscape of the global economy,” he predicted. Oreshkin noted that China has already become the leading global economic power, while Russia is now the largest economy in Europe, “on course to replace Japan as the world’s fourth largest.”......more below

https://www.rt.com/business/589681-us-eu-economy-russia/

Interested? Want to learn more about the community?
What else you may like…
Videos
Podcasts
Posts
Brian Berletic - Trying to maintain U.S hegemony is killing the dollar
00:06:59
Larry Johnson - The American Empire is dead!

Larry Johnson - The American Empire is dead!

00:04:30
TheRedPillShorts - Trump is sukk__g of BB Netanyaha
00:00:50
Geopoli-Tricks: American Empire In Decline(Ft. CIA Chief Analyst Raymond McGovern) Excerpt
Geopoli-Tricks: American Empire In Decline(Ft. CIA Chief Analyst Raymond McGovern) Excerpt
Breaking: Russian Forces hit huge NATO convoy in Lviv,UKR
Breaking: Russian Forces hit huge NATO convoy in Lviv,UKR
Gregory Mannarino- The Empire is falling & They're the devil
This is what happens when Empire Falls
Gregory Mannarino- The Economy is Crashing & Will Only Get Worse
See More
Available on mobile and TV devices
google store google store app store app store
google store google store app tv store app tv store amazon store amazon store roku store roku store
Powered by Locals