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David Macmillan
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Comments by "David Macmillan" (@daydays12) on "How the West will stop Putin's masquerade" video.
Peace is Strength and MAGA says the USA!!!
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Would you say 90 rubles to the USD is booming? The Russian finance ministry budgeted for a fall in oil and gas revenues by 23% this year ( 2023) to 8.86 trillion roubles. It expects a budget deficit of almost 3 trillion roubles, or 1.8% of gross domestic product (GDP). Is that booming? Putin and Russia's aim is TO DESTROY UKRAINE which , according to Putin does not exist. The western sanctions aim to weaken Russia’s ability to finance the war and specifically target the political, military and economic elite responsible for the invasion. The restrictive measures DO NOT target Russian society. That is why areas such as food, agriculture, health and pharmaceuticals are excluded from the restrictive measures imposed. According to the World Bank, the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD), 2022 was a bad year for the Russian economy. It is estimated that in 2022, Russia’s gross domestic product (GDP) dropped by 2.1%. The sanctions imposed by the EU and its partners on Russia’s financial system reduce Russia’s ability to finance the war. €300 billion of Russian Central Bank reserves are blocked in the EU, other G7 countries and Australia (two thirds of which are blocked in the EU). Putin is begging international pariahs North Korea and Iran for weapons. Not a sign of a booming economy.
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