German media: Sanctions will not bring the Russian economy to its knees in the new year

As noted by the German publication Deutschlandfunk, the Russian economy this year was surprisingly stable despite all the sanctions of the West.
At the very beginning of the Russian special operation in Ukraine, Western economic experts said that Russia was in for a serious recession, but it has already become obvious that this is not the case, write in the German media.

Now experts are more confident that in 2023 the Russian economy will be stable.

In addition to providing direct military assistance to Kyiv, the West is waging an economic war against Moscow, relying on sanctions, Deutschlandfunk notes.

In the spring, when it seemed that the Russian economy was doomed to collapse, the IMF announced that, according to forecasts, the Russian economy was waiting for a decline of 8-9%. Now, this organization states that all the sanctions pressure has only led to a reduction in the Russian economy by a maximum of 3-3,5%, the newspaper writes.

As for the forecasts for the Russian economy for the next year, the IMF believes that it will face a contraction of 2,3%, i.е. even in two years there is not the figure that the West announced at the beginning of the NWO in Ukraine. Accordingly, experts in Germany no longer trust the forecasts of the International Monetary Fund.

Deutschlandfunk reports that in Russia, of course, there are difficulties in the economy, but not such that they could bring it to its knees. Moreover, in many EU countries the economic situation is much worse. In the same Baltic states, inflation is above 20 percent.

Comments

[voice of reason]

Russia cannot be brought to its knees at all. Neither sanctions nor force of arms. Learn the history of Fritz.
In general, it turns out that inflated figures of speculative capital as an indicator of economic power collided with the real manufacturing sector. How much has already been said that derivatives are generally a bubble. But no, everyone likes to compare numbers without plunging into analysis. Well, once again the shallow superficial approach and lack of professionalism of Western experts is shown.

[Denis812]

Derivatives are certainly a bubble, but they make good money on this bubble.

[Fisherman]

The German economy is just bursting at the seams .... divided into purely German, German-Chinese and German-American ... fled around the world to where it is profitable ... in Germany itself there is no place for a normal economy, for which a special thanks to the German politicians.

[4ekist]

Fisherman:..... The German economy is just bursting at the seams....

...... will not bring the Russian economy to its knees

I would like to hope that their own sanctions will put the German economy in cancer.

[Fisherman]

have already been delivered ... that’s why their production is running in the PRC ... Scholz flew to Xi not of his own free will, but by the will of BASF, Zeiss, BMW, etc., who sent him, who are now dumping almost 100 billion euros...

[credo]

Quote: Fisherman

The German economy is just bursting at the seams .... divided into purely German, German-Chinese and German-American ... fled around the world to where it is profitable ... in Germany itself there is no place for a normal economy, for which a special thanks to the German politicians.

Do not exaggerate and fall into euphoria. The German economy is not as weak as someone would like to believe, and its margin of safety is quite large; it still accepts millions of refugees, plans to close the last nuclear power plants in the spring of 2023, and at the same time is ready to buy gas and oil from distant countries, and not from Russia.

There is still gunpowder in the German powder flasks, so my friends from the USA rightly believe that the FRG needs to be "milked" further in 2023, until it comes to its senses.

Happy new year our dear Deutschland frends

[kor1vet1974]

German media: Sanctions will not bring the Russian economy to its knees in the new year

It would be something to put .. otherwise the economy ..

[Woodman]

sanctions pressure has only led to a reduction in the Russian economy by a maximum of 3-3,5%, the newspaper writes.

Here are the things I read on the net early in the morning:

Such stability is explained by a number of other reasons, as shown by a survey undertaken by the editors of Die Welt among many economists. They say that most Western firms continue to operate in the country, while the rest, by law, transferred their assets to Russian buyers.

The most illustrative example of such effective work was the crisis management of the head of the Central Bank, Elvira Nabiullina, which she took up immediately after the start of the "war of sanctions." She saved the ruble from a collapse and prevented the flight of capital, which earned her praise in all political camps, including Putin's.
...
It is also noteworthy that Nabiullina, together with the former Minister of Economy and the current head of the largest state bank Sberbank, German Gref, had a meeting with Putin. (Now both Nabiullina and, in fact, the semi-private Sberbank have come under sanctions imposed by professional Western market liberals - note by InoSMI). The Financial Times reports that this meeting took place a month before the entry of Russian troops into Ukraine. Then Nabiullina and Gref tried to dissuade Putin from further escalation, which would have harmed the economy. The Financial Times spoke about this, citing insider information.
Putin allegedly did not listen to them. ... As with Crimea, Putin has reminded those in charge of the economy that it is their job to minimize the negative effects of Western sanctions.
As you can see today, they did just that.

[rocket757]

German media: Sanctions will not bring the Russian economy to its knees in the new year

Those. politicians and others who steer can only say the same thing, like clockwork ...
And the press, the media, allow themselves various liberties ...
So we write ...

[Vana Catu]

Where is the Obama who promised to tear the Russian economy to shreds? History does not teach anyone anything.

[Mouse]

experts in Germany no longer trust the forecasts of the International Monetary Fund.

so fig Vanga turned out to be the IMF ....

[rotmistr60]

Europe eagerly waited for the Russian economy to crackle and collapse, and when it heard the crash, it was delighted at first, but to its surprise, it realized that it was the European economy that was cracking. Yes, not everything is as simple as we would like, but much better than in some countries of the "developed" West.

[Nyrobsky]

Russia, as it lived in the average regime "not poor, not rich," is still living, but Europe, having abandoned cheap e / carriers, sank completely and this is just the beginning. Recently, it was announced that the abandonment of Russian gas and oil has already cost their economy a trillion euros. The idiocy of EU politicians is generally costly for the European layman.