We’ve been warned, repeatedly. Now even the Russians are warning us.
The world is about to experience major turbulence as a result of illogical moves by Western nations, Kremlin spokesman Dmitry Peskov has said.
“Most likely, a huge global storm is starting,” Peskov warned in an interview with Tass on Monday.
“In many ways, there are objective reasons for that, but there are also subjective reasons for this beginning storm, which are linked to absolutely illogical and often absurd decisions and actions of the authorities in the US, Europe, the EU and individual European countries,” he said.
The sanctions imposed by the US, the EU and some other nations on Russia over its military operation in Ukraine have backfired causing a spike in energy prices and record inflation across the West.
While the rise in electricity prices is still largely speculative, they will be economically catastrophic even if they are only as bad as the politicians are openly discussing in the media. Behind doors, the situation may be considerably worse; whereas price rises of 20 to 40 percent have already been announced, the real range of future contracts is from 10x to 16x.
This is far more than the vast majority of small businesses can afford, which means that many of them are not going to survive the winter. If Britain is any guide, more than a few will not survive the autumn. And the Russians are not about to let the globalist governments of the Were-West off the hook either.
Russia’s gas supplies to Europe via the Nord Stream 1 pipeline will not resume in full until the “collective west” lifts sanctions against Moscow over its invasion of Ukraine, the Kremlin has said.