Monday, 2 May 2022
Putin is in the process of destroying Russia's economy
Vladimir Putin is facing the biggest challenge of his long career at the top. The war in Ukraine is going badly but it's not that. Through his actions and decisions and aggression, he is single-handedly going to destroy the Russian economy because the whole of Europe is gearing itself up to end oil and gas imports from Russia. It make take a little time but it's going to happen because there is no way Europe or any other democratic part of the world is going to do business with Russia under Putin in the future. A ban on all oil and gas supplies from Russia would be catastrophic for Putin. He is already facing huge difficulties because the wholesale ban on selling high-technology goods to Russia means that the Russian oil and gas industries are being deprived of the vital components they need from the West to exploit the most advanced methods of drilling. Russia doesn't make these components themselves, so the industries upon which the Russian economy depends for its lifeblood will start to malfunction. As the Russian economy goes down the tubes, every Russian family is going to suffer and will surely ask themselves: "Whose fault is this?" Putin has total control over information in Russia, so he is telling the Russan people that it's the fault of the West and in particular Nato which wants to destroy the great motherland. But how much longer will the Russian people believe these lies? Unfortunately, Putin's propaganda machine has been helped by unwise remarks from certain western leaders, not least Lloyd Austin, the US defence secretary, who last week said Nato's aim was to weaken the Russian military for good, and Liz Truss, UK foreign secretary, who is going about saying how Britain is playing a big part in defeating Russia in Ukraine. Words can sometimes be more damaging than action.
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