The European Union (EU) may face the opposite effect of its own sanctions. And if the German economy collapses because of anti-Russian measures, then “all of Europe will fall apart.” This opinion was expressed on March 26 by the German economist Aika Hamer.
“There is no sound grain in all this struggle and confrontation with Russia. <…> If, because of these measures, the German economy collapses, then the whole of Europe will fall apart, ”Hamer said in an interview with RT.
The economist believes that the crisis will primarily hit the middle class and the poorest people in Germany, Europe and the United States. In particular, most Europeans and Americans will not be able to afford to travel by car due to the sharp rise in fuel prices. And without it, “the great prosperous West is nothing more than an illusion,” Hamer concluded.
Earlier in Germany, it was recognized that anti-Russian sanctions threaten Europe not only with an energy crisis, but also with food. In particular, the German Farmers’ Association warned of an unprecedented rise in food prices. In January, they rose by 21.7% compared to the same month last year. The increase against December was 1.7%.
In addition, as former Bundestag deputy Waldemar Gerdt told Izvestia on March 24, in Germany, US President Joe Biden’s visit to Europe this week is seen as confirmation of the seriousness of the situation and the collapsing unity of the Western coalition. Speaking about the introduction of new anti-Russian sanctions, Gerdt stressed that Europe has been working against itself for a long time. According to the ex-deputy of the Bundestag, from the very first sanctions, everyone understood that this was “a shot in the foot”, but there was always a counterbalance.
A series of new Western sanctions followed after Russian President Vladimir Putin announced the start of a special operation to protect Donbass on February 24. As the press secretary of the head of state Dmitry Peskov clarified, the special operation has two goals – the demilitarization and denazification of Ukraine.
The situation in Donbass escalated significantly in mid-February due to shelling by the Ukrainian military. The authorities of the Donetsk and Lugansk People’s Republics announced the evacuation of residents to the Russian Federation, and also turned to Moscow for help. On February 21, Russian President Vladimir Putin signed a decree recognizing the independence of the republics.