EU Paranoid About Russian Economy? Accuses Putin Of Lying, Wants Strict Sanctions & Support For Kyiv

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In a scathing joint article, eight EU finance ministers accuse Vladimir Putin of "spreading lies" about the strength of the Russian economy. Highlighting the deteriorating state of Russia's economy under the weight of international sanctions, the ministers claim that Putin is leading the country down a dangerous path of "Sovietisation."

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Meanwhile US 35 trillion in deficit
France 110% deficit
UK 110% deficit
Germany already lost its place as a manufacturer
Canada cannot even afford to pay its payments to Nato, coz no money....

nikolayjerev
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EU think about your own economy, rather thinking about Russia 😂

stranger
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World Bank has updated the world’s GDP GDP at purchasing power parity (PPP) The organization estimates that Russia in the top four economies of the world, ahead of Japan. Russia also became the first country in this list of Europe, ahead of Germany. The GDP data presented are based on official country data published by the World Bank and IMF in purchasing power parity terms.

The PPP was introduced in the 30 years of the 20th century into the practice of statistics in the UK to objectively assess the defense potential of countries.
Russia
Nominal GDP in Current U.S. Dollars: $2.06 trillion
PPP Adjusted GDP in Current International Dollars: $5.47 trillion
GDP Growth: 3.2%
Nominal GDP Per Capita in Current U.S. Dollars: $14, 39013
Russia is the world’s 11th-largest economy.

Nominal GDP simply indicates who has more money. But, as we all see, money is not smeared on bread, and do not pour into the tank. It is the physical availability of goods and services that is important. And therefore GDP on PPPs is much more important.

antoninagarkalna
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what's their problem, let Russia handle its economy however it wants.

saktor
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There will be this awareness that we need to rethink how the money system works, we need to get out of a debt-based economy. We cannot allow a small power elite to create money and reap the profit from lending it with interest. This is something that the state needs to take on, and the state needs to be in control of the money system so that only the state benefits and thereby the people benefit. If the state makes money off of money, people do not have to pay so much taxes.

It needs to be seen that the only institution in society that has a right to make money off of money is the state. The state, of course, cannot go into the many forms of schemes that the capitalists have come up with in order to manipulate the economy because the state has no interest in manipulating the economy. It simply has an interest in creating a money system that allows for the greatest amount of creativity, movability of the money, the greatest ability to finance new businesses. This will promote a growth in the economy, and the more the economy grows, the more it is in the interest of all of the people and also, of course, in the interest of the state. These are very, very dramatic shifts compared to what you have today but they are not so unrealistic that they are so far off. It can come to that point where there is such an awareness of the existence of power elites that they will very quickly be put out of commission by the democratic nations. There will be either a raised awareness of how the power elites work and how anti-democratic it is, or there would be an awareness that if we do not reform the money system, then our economies, our debt-based economies, are going to collapse. The debt has reached such proportions that no country can pay it back and it is, in fact, in no way democratic, in no way in accordance with the democratic ideals, that the population of an entire country are enslaved financially so that for the next many decades a majority of their resources will go to pay back the interest to a small power elite. How is this democracy? How is this freedom? How is this allowable in a democratic nation, in a democratic world?

НикитаФадеев-фь
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i live in Russia and I am from Czech, I can tell that the EU has been lying most time, and Russia economy is doing more than fine 😃

“path to decline” means there is no decline meanwhile there is actualy significant decline now in EU and US

Prove me wrong

pavelstukl
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😂😂😂😂😂 Cute Euro poodles trying to act smart 😂😂😂😂😂

seanbellfort
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they can't just accept that Russia is more better and more resources and resourceful people unbelievable how these EU spreading stupid lies due to their insecurities 🥴

raincybase
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Why r they so worried about russian economy...

Chinshoa
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I was thinking that these EUs are thinking of ending war and carry on with their lives but it looks like they want to see themselves eating on the bin

simphiweluthuli
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Bunch of schoolboys in a huff because the boy who never gets picked when choosing football sides turns out to be the best football player amongst all of them….let them eat cake 😅

richardspence
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how about they have a look what they are doing in the eu instead? Germany in recession since 2023, eu economic growth right around 0%. eu made enemies of the two nations its success was based on, Russia for cheap resources and china for the huge market and production, said foreign minister Borell himself. they got noone to criticize while eu is a mess

jakagorjan
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PLEASE TO ALL HUMANKINDS ON THIS UNIVERSE THANKS TO MY LOVELY FATHER PUTIN PLEASE I'M HERE FOR YOUR PERMISSION OOO, IN OUR PRESIDENT NANA ADDO DANKWAH STILL NOT PASS LAW FOR US OOO BECAUSE WE GHANAIANS DIDN'T SUPPORT THIS ANIMALS LAW L.G.B.T.Q.+ BUT WE DIDN'T KNOW WHY STILL NOT PASS IT FOR US SO IF HE REFUSE IT TODAY THEN LET MY BOSS NORTH KOREA PRESIDENT BE HERE TOMORROW FOR US PLEASE LOVELY FATHER❤ YUDA MY NAME

PacLife-jqkr
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This reminds me a lot of the slogans of perseverance from 1944 and 1945 in Germany. They are working hard on the downfall of Western Europe.

wilhelmmeyer
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u=saying russia is lying then asking for strict measures for sanctions is riturded 😂

rarirover
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They dgaf about the Russian economy. They need to be focus on their dwindeling manufacturing base which they proportedly want to switch to a military industrial base.

ndefrutheplayerday
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Western countries crying 😂😂😂😂 cry cry cry always in future

XXXXDILIXXXX
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🤣 The key question who owns casino? The answer: Not G7.

GDP growth 2024 of G7:
- United States: Growth around 1.7%.
- Canada: Growth of 1.5%.
- Germany: Growth of 0.5%.
- France: Growth of 1.0%.
- United Kingdom: Growth of 0.9%.
- Italy: Growth of 0.7%.
- Japan: Growth of 0.9%

BRICA growth rate in 2024
Brazil: 2.0%
Russia: 2.6%
India: 6.5%
China: 5.0%

P
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The outpouring of support for Ukraine is a river of hope flowing against the tide of oppression.

JG-kvpg
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EU enforcing a total oil embargo: time fore Greexit and Hungarexit...

christophmahler