Sanctions are ineffective…
This is not me, vatnik saying it but the manager of Amundi, the largest investment fund in Europe saying it.
From Reuters:
Amundi expects Russia’s gross domestic product (GDP) to grow by 1.5% in 2024 and by 2% in 2025, compared with 0.5% and 1.2% for the euro zone.
“It means that the United States, Europe, Japan, Australia — the major developed countries — are unable to sanction a country effectively,” Amundi’s CIO Vincent Mortier told reporters at a news conference in Paris on the fund manager’s 2024 outlook.
“That’s what it means. We can deplore it, but it’s a reality.”
The impact of the sanctions was visible in terms of asset-freezing for a certain number of people, Mortier said, but not so much on Russia’s imports and exports.
Major emerging economies under the BRICS umbrella (Brazil, Russia, India, China and South Africa) as well as countries like Turkey and Kazakhstan benefited from the sanctions as Russia managed to move its exports away from Western countries, Mortier said.
“It’s a reality check. In the end, if we take stock of the war in Ukraine: Europe has suffered directly and strongly; for the United States (the impact is) neutral; but Turkey, Central Asia and Asia more generally have benefited,” he said.
Insomniac Resurrected 
There’s no more pathetic creature in the world than Euroliberal, at least Usian ones get to indulge in any degeneracy they want as long the party lasts.And yes I mean on those powerless idiots posting on reddit europe or whatever. It’s just matter of competition are those form countries like Estonia or Bulgaria more pathetic than those from self proclaimed “core” Europe.
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The people of Estonia and Bulgaria deserve the leaders they have. They voted for them.
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True, but I’m mostly talking about west worshipers that live in the city centers, of Talin, Sofia, Belgrade, Zagreb etc.
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Those are larping as Western shitlibs.
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“It’s a reality check. In the end, if we take stock of the war in Ukraine: Europe has suffered directly and strongly; for the United States (the impact is) neutral; but Turkey, Central Asia and Asia more generally have benefited,” he said.
Well, all I can say is I hope the Eurocons won’t place blames on Asians when all of it is over. It’s actually Eurolibs, the guys in Brussels and American elites who should be blamed.
I mean, Eurolibs tend to support whatever anti-Russia garbage from Brussels, and Brussels is basically just a governor general figure for Washington (those Atlanticist Eurocons don’t know what they’re talking about). So, things may not happen this way if Eurolibs weren’t big, right? Well, Eurolibs won’t be as big of a thing if middle-class and the associated bullshit we’ve talked about so much weren’t there. I’m not that entirely certain about the situation with middle-class in Europe during the Cold War as opposed to my knowledge on American and Asian ones, but something tells me it’s kind of the same, just perhaps Europeans may have kept it a bit…classier than Muricans and Asians. Eisenhower had better taste than MacArthur, who was probably a closet perv lol.
Then again, as we can see, the whole concept was something started by US and it was meant to counter the influence from Soviet and China, ironically. But US couldn’t do any of that IF Nazi Germany and Japanese Empire didn’t go nuts back then. Many American business tycoons had a rather appeasing if not downright supportive attitude towards those two, and even US government itself seemed to hope Hitler and Tojo could at least bring down Soviet Union, with China as side casualties – yeah Chinese would be pissed, and it means Mao would rise up and KMT will fall even if US has things its way. US simply doesn’t give a fuck. Those Chinese middle-class and other Asialibs who still believe the Muricans will ride their stallion and deliver freedom and tiramisu to them need to have their brains checked. Well, all in all, neither Hitler nor Tojo seemed to have succeeded at it. But it did give US a chance to establish the complexed networks of modern day middle-class as we know.
Get back to the present…we all know the financial and corporate elites will never admit the whole concept of modern day middle-class was just a setup and a geopolitical weapon when it was still relevant. They’ll insist on eliminating middle-class subtly and make it looks as if it’s all China and other parts of Asia’s fault. Now, if China becomes Balkanized, then they’ll blame it onto another Asian country of their choice. The Eurolibs and Amerilibs care too much about values and therefore, they simply don’t grasp the concept of how the existing talking points are just fronts for political and economic maneuver. Meanwhile, the Eurocons and Americons just grab the opportunity to expand their power and influence – I know, I’ve said it before on how conservatives have failed to understand they’re saving the unsavable, but the more I think about it, the more I’m convinced that they may actually know it, but they’re in for some sweet sweet cash.
Until the conservatives can find ways to address the issues associated with elites’ attempts at finishing off middle-class, such as the dying populations or even worse, the ageing populations, as well as issues such as improper parenting, the nonsensical gender relationship…etc. Those are social fronts. And for the economic front, there’s the lack of entrepreneurship among the younger crowds – let’s face it, starting competent businesses is a way better option than “we must make China pay” or back in the 80s “we must make Japan pay”. Ramaswarmy was up to something when he said the only reason why US became so obsessed with Taiwan is really due to semiconductor chips, and US is better off at encouraging producing its own semiconductor chips, which can beat TSMC’s chips. Now, besides Ramaswarmy, who was the only one among the West-cons who have made such breakthrough talking points, nobody else seem to have anything fresh to say that actually makes logical point when it comes to societal AND economic. Well, perhaps one day everyone may realize how stupid it is to keep up with Russia-bashing and China-bashing, but it may have been too late by then.
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This issue with semiconductors reminds me of the Bronze Age when copper came from Cyprus and tin from Afghanistan. It all collapsed one day and many ancient civilizations were swept away by rampaging Sea Peoples. You can still see the gates of Hatushash, or the ruins of Mycenae. The following Iron Age had none of these issues.
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What’s needed is some kind of breakthrough technology, which allows a civilization to bypass dependency. Because at the end of the day, someone who’s simply more primitive yet more adaptable and possibly with more manpower too will take over all these conflicting states. This is perhaps what US needs in order to become economic independent.
But then again, if you ask me, the problem comes with imbalance between the ambitious ones, the intellectuals and the normies. Out of everyone, normies are most likely to spend big bucks and believing in the “big name” bullshit. I’ve been a cryptocurrency guy for a while now, and after seeing a particular post on my feeds, I’ve came to a realization that cryptocurrency simply won’t be relevant without normies who still believe in the main economic system. We need normies, to simply put. But when normies become so numerous and to make it worse, the society is ageing, you will end up with another very obvious problem. The problem is demonstrating in this victimhood mentality, politician induced blame shifting and the obvious lack of entrepreneurship. And this has nothing to do with any foreign power but the financial and corporate elites’ own lack of vision. Blaming it on Asia or stick to the main talking points of Russia-Bashing…none of them will solve it.
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On one hand the Russia bashers are laughing at Russia and saying how Russia doesn’t even have proper plumbing and modern toilets but on the other hand Russia is treated as a real threat, if not the major one, even surpassing terrorism. I never got this disconnect.
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