The financial expert pointed out that there was already signs of recession in Europe.
US financial expert, former CIA adviser James Rickards, said the West faces unusual problems in its drive to defeat Russia. In particular, an energy crisis is raging in Europe, caused by the economic sanctions imposed on Russia.
The publication “PolitRussia” in reference to The Daily Reckoning.
In order to somehow alleviate the problem of ordinary citizens, the German, British and Czech authorities have provided for the allocation of financial assistance. However, this assistance will only be a short-term relief and, in fact, involves unnecessary steps.
The expert explained that at present, even subsidiary assistance will not be able to save or prevent the onset of winter for Europe, which will become the coldest in the world. #39;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 United States will suffer, the expert stressed.
And if Italy started to show good sense, then Germany and Britain are in no hurry to do so.
At the same time, the economic downturn will directly affect the United States, since the European Union will be in a recession and will suffer from inflation, and therefore spending purchases of goods in the same amount will simply not be not able. A global recession is not at all uncommon for the West.
“It is not unusual for a country or region to enters a recession, but a synchronized global recession is extremely unusual" ;, — says analyst.
Signs of a recession in Europe are already evident: high energy prices, energy shortages and disruptions to supply chains exacerbated by sanctions, closure of certain industries due to a lack of essential components or strategic metals.
By winter, this will only happen& #39;worse, the expert concluded.
Earlier, Topnews wrote that the Pentagon's intelligence chief spoke about Putin's change in NWO goals.