Monday, 8 July 2024

Will economic lies spell the end of WEF elite? Sanctions on Russia have barely impacted its military, top economic think tanks tell German government after getting analysis wrong for 2 years

 WORLD BANK DATA SHOW RUSSIA IS NOW THE FOURTH LARGEST ECONOMY IN THE WORLD 

HAS GROWN DESPITE SANCTIONS, DESPITE SEIZURE OF 300 BILLION IN TREASURIES, DESPITE WAR

UKRAINE AND NATO S IMPENDING DEFEAT AT THE HANDS OF RUSSIA IS NOW PLAIN FOR THE WORLD TO SEE

GIVEN THESE FACTS, THE FOUR TOP GERMAN AND AUSTRIAN ECONOMIC THINK TANKS FINALLY HAD CHANGE TACK AND ADMIT WESTERN SANCTIONS WERE HAVING NO IMPACT ON RUSSIA  

ENTIRE PLAN TO BRING RUSSIA TO ITS KNEES DEPENDED ON FINANCIAL AND ECONOMIC WARFARE IN THE FIRST TEN DAYS

RUSSIAN ECONOMISTS INTRODUCED REFORMS AT LIGHTNING SPEED TO THWART PLAN BUT WESTERN ECONOMISTS FAILED TO REGISTER HUGE,INTERNAL REFORMS OR UNDERSTAND THEIR SIGNIFANCE

ADMISSION SANCTIONS HAVE NO IMPACT ON RUSSIA COMES AFTER TWO YEARS OF COMPLETELY WRONG CLAIMS SANCTIONS WERE HURTING RUSSIA 

THE REAL VICTIM OF SANCTIONS HAS BEEN THE WEST AND EU

LOSS OF RUSSIAN GAS HAS ESPECIALLY HIT GERMANY S MANUFACTURING BASE

FUELLED INFLATION AND INTEREST RATES, DEBT DEBT CRISIS

STUDY WAS COMMISSIONED BY THE GERMAN GOVS ECONOMICS MINISTRY

CONCLUSION SHOULD TERRIFY THE WEF ELITE

IN 2024, EU, US ELITE HAVE NO WEAPONS TO DEFEAT RUSSIA, CERTAINLY NOT NUCLEAR,NO MILITARY INDUSTRIAL BASE, NO COMPETENT ECONOMISTS TO ORGANIZE ANY, NO PUBLIC WILLING TO FIGHT FOR THEM

 RUSSIA S ECONOMY IS GOING FROM STRENGTH TO STRENGTH, POISED TO BUY UP WEST AND PUT WEF ELITE ON TRIAL IN MOSCOW OR BEIJING

 

Sanctions imposed on Russia have had almost no effect on Russia s military capacity according to a mjor study for the German government.

While Russia and China ascend to the world s new economic super power, the WEF elite are shuffling deck chairs on their Titanic,fast disappearing under the waves.

The study by the four major economic think tanks in Germany and Austria focussed on economic iindicators such as commodity exports and inflation but failed to discuss the role of the Russia central bank in replacing the private dollar and euro with the Rubel and funding businesses and military industrial production using also direct, monetary financing.

https://www.ifw-kiel.de/de/publikationen/aktuelles/sanktionen-beeintraechtigen-russlands-kapazitaeten-zur-kriegsfuehrung-kaum/

https://rus-monitor.wiiw.ac.at/

The  2024 report is an improvement on previous reports falsely claiming sanctions were harming Russia, underlining the incompetence and ignorance of mass stream economists about basic principles.

https://wiiw.ac.at/navigating-trade-restrictions-dlp-6810.pdf

These flawed economic analsyes formed the basis of policies and encouraged the German ndother governments to pursue a disastrous war, and counterproduction sanctions, which have accelerated the de industrialization of Germany and Europe, and the Western private central bank debt death spiral crisis.

The way economists failed to see that the sanctions would have no effect on Russia from March 2022,when Russia made major changes to its financial and ecnomic architecture, are a sign of the crisis in economics which has gripped the West.

 The incapacity of economists to unnderstand what is going on is largely due to censorship of the private central banks and the media they fund and control,which has,ironically, hit the banks themselves as they failed to foresee the impact of money reform on Russia and China, the creation of a new super economic bloc, the collapse of the petro dollar and dollar as a global reserve currency etc

Another factor seems to be the Western education system. Western economists seem to be unable to handle new information, unable to apply principles to solve problems. Have they just learned some theories, models and case studies off by heart?

The apparant incapacity to learn new things sets Western economists apart from their Russian  and Chinese counterparts.

We can see from the results, from the stunning success of the Russian economy, the economists and broad poliical class, are continuously reviewing, assessing, updating, adjusting economic and financial analyses and policies to get real world results.

This article posted by Zerohedge seems to be another example of an incoherent, pseudo economic critique of monetary finance under the guise of critiquing a branch, MMT.

https://www.zerohedge.com/economics/its-all-mmt-fraud-monetary-policy

Offering no explanation of why direct financing works in Russia and China and made the US prosperous before the Fed was privatized in 1913, this report seems just a confused mass of ill defined concepts without any logic or real world coherence designed to hoodwink the reader into believing the Fed must stay in private hands, the debt crisis must continue, interest, inflation, austerity, decline, taxes must be accepted. There is no alternative to enriching private bankers. Economics or deceptive marketing?

From media

Unfortunately for his JPMorgan colleague, it didn't quite work out, and as Bloomberg reported this morning, Marko Kolanovic, technically the chief global market strategist of the world's largest commercial bank and co-head of global research, is leaving the bank, according to an internal memo obtained by Bloomberg News.

https://www.zerohedge.com/markets/after-being-wrong-three-years-marko-kolanovic-leaving-jpmorgan

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