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Sanctions on Russia are backfiring Europeans are bearing the brunt of the crisis, while Moscow’s economy is doing fine ~ as a consequence of the ‘Punish Putin’ sanctions.

Former Austrian vice-chancellor Heinz-Christian Strache has added his voice to growing numbers who belatedly realise that the Washington-led European Union has catastrophically blundered in imposing sanctions against the mother nation of the world

He says, ‘Western sanctions imposed on Moscow have failed to make a dent in Russia’s economy and ultimately only hurt Europeans. He also accused EU policymakers of turning a blind eye to the deadly fighting in Donbas, which he said served as a prelude to the current conflict for many years.

Speaking at a pro-neutrality rally in Vienna, which was also a protest against sanctions on Russia, Strache claimed that Austria’s decision to join the restrictions had turned out to be a self-inflicted wound. 

‘Austria has shown Europe how the sanctions are damaging itself,’ he said, telling his audience that the measures have caused soaring electricity and gas prices, with more and more people feeling the impact. ‘If it goes on like this, next year in March and April we will face mass insolvencies and bankruptcies,’ he warned, calling the possibility ’damn dangerous.’

If the crisis is exacerbated and more people get desperate, ’this could bring a dangerous development in the form of social tensions (rights and regime change) that we all do not want,’ the former vice-chancellor added.

At the same time, Strache continued, the restrictions have failed to undermine the Russian economy. According to him, ‘this year, the Russians have doubled [their] business,’ raking in $220 billion in revenue. Own goal politics: The Russian economy is more buoyant than the economy of Europe and the inflation rates are going in Russia’s favour.

Strache also stated that Western Europe had found itself in the current situation because it had been ’looking the other way’ for many years when it came to hostilities in Donbas, which started in 2014 after violent Washington-provoked riots in Kyiv overthrew the democratically-elected president, Viktor Yanukovich.

After Russia launched its military operation in Ukraine in late February, Western nations imposed new severe sanctions on Moscow, freezing half its gold and foreign currency reserves and targeting its energy exports. The restrictions, however, caused energy prices and living costs to surge, prompting numerous protest rallies across Europe.

Earlier this month, thousands of Italian activists gathered in the centre of Milan to protest sending weapons to Ukraine and expanding the sanctions.

In late November, Russian Foreign Ministry spokeswoman Maria Zakharova insisted that EU policymakers have only themselves to blame for their ongoing energy crunch.

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MICHAEL WALSH is a journalist, broadcaster and the author of WITNESS TO HISTORY, RISE OF THE SUN WHEEL (Paperback / Ebook), TROTSKY’S WHITE NEGROES, MEGACAUST,  DEATH OF A CITY,  MY LAST TESTAMENT LET GOD JUDGE ME, THE ALL LIES INVASION Volume I (Paperback / Ebook), and THE ALL LIES INVASION Volume II (Paperback / Ebook), Odyssey Adolf Hitler, SLAUGHTER OF A DYNASTY, REICH AND WRONG, THE RED BRIGANDS, RANSACKING THE REICH, SCULPTURES OF THE THIRD RIECH: ARNO BREKER AND REICH SCULPTORS, SCULPTURES OF THE THIRD REICH VOLUME II Josef Thorak and Reich Sculptors, SCULPTURES OF THE THIRD REICH VOLUME III Porcelain and Reich Sculptors, Death of a City, and other book titles. These best-selling books are essential for the libraries of informed readers.

MICHAEL WALSH is an Irish British-born journalist. His 70 books include best-selling historical books THE ALL LIES INVASION (Paperback / Ebook), THE All LIES INVASION II (Paperback / Ebook), Odyssey Adolf Hitler, MY LAST TESTAMENT LET GOD JUDGE ME,  WITNESS TO HISTORY, TESTIGO DE LA HISTORIA: HISTORIA SIN CENSURA (SPANISH EDITION),  REICH AND WRONG,  HEROES HANG WHEN TRAITORS TRIUMPH, HEROES OF THE REICH, THE HOLY BOOK of ADOLF HITLER, The Reich Declaration of War on the USSR, TROTSKY’S WHITE NEGROES, MEGACAUST, THE RED BRIGANDS, RANSACKING THE REICH, SCULPTURES OF THE THIRD RIECH: ARNO BREKER AND REICH SCULPTORS, SCULPTURES OF THE THIRD REICH Volume II Josef Thorak and Reich Sculptors, SCULPTURES OF THE THIRD REICH VOLUME III Porcelain and Reich Sculptors and  DEATH OF A CITY.  Click REAL HISTORY.

MICHAEL WALSH is a journalist, author, and broadcaster. His 70 books include best-selling  Africa-related books THE LAST GLADIATORS Fiancés of Death (Paperback / Ebook); AFRICA’S KILLING FIELDS: African Victims of the Liberal-Left (Paperback / Ebook); RHODESIA’S DEATH EUROPE’S FUNERAL European to Wall Street Colonialism (Paperback / Ebook); THE FIFTH COLUMN VOLUME I and II, and many other book titles. These best-selling books are essential for the libraries of informed readers. Click Africa.

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MEGACAUST Michael Walsh. R. J. Rummel,   Power Kills: Genocide and Mass Murder (Journal of Peace Research) 164 million people have been killed in cold blood this century by Capitalist / Communist governments. 

SLAUGHTER OF A DYNASTY Michael Walsh. Covertly sponsored by Wall Street banks and the White House Bolsheviks seized Tsarist Russia (regime change). For 36 years news of Bolshevik atrocities and 70 million martyred Christians were censored by Western media.  Lavishly illustrated, this expose reveals secrets removed from Western history books.

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Art-related books: Sculptures of the Third Reich: Arno Breker and Reich Sculptors, Volume I, Sculptures of the Third Reich: Josef Thorak and Reich Sculptors, Volume II, Sculptures of the Third Reich Volume III: Porcelain and Reich Sculptors Volume III, Art of Adolf Hitler: Ultimate Album of the Fuhrer’s Artworks, The Red Brigands, Ransacking the Reich by Michael Walsh.

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