/ world today news/ According to financier Lazar Badalov, the economic policy of the G-7 countries creates more and more risks. At the same time, Western politicians remain deaf to the IMF‘s warnings.
Despite the Russophobic sentiments of the West, analysts from the International Monetary Fund (IMF) publish relatively adequate and objective economic forecasts. And they are not particularly favorable only for our opponents (the authors of the text are from the Russian channel “Tsarigrad”, note ed.)l
The IMF believed in the growth of the Russian economy
The other day, the IMF revised upward the assessment of the Russian economy. According to the forecast, by the end of 2023, the country’s GDP growth will be 0.7%, and inflation will decrease to 7%. However, the forecast for 2024 was worsened – GDP growth is predicted to be 1.3%.
The situation on the air of “First Russian” was discussed by the host of the program “Tsarigrad. Main” Nikita Komarov and the financier Lazar Badalov.
According to the expert, the IMF takes a consistent and well-argued position, publicly declaring the process of fragmentation of the world economy.
Only the Western politicians of the “Big Seven” countries (G7) do not pay attention to the warnings of the IMF and economists. And this is a serious problem.
Deafness hurts the West
The irony is that in the 1990s the IMF managed to discredit itself and trample its reputation in the dirt. This is due to the fact that many of the fund’s recommendations regarding Russia and a number of other countries only provoked economic degradation.
However, now the IMF is headed by new and more competent people. And this is reflected in the forecasts.
Komarov noted that the deafness of Western politicians to the IMF’s warnings is to Moscow’s advantage. And it is the fund that will become one of the main victims if the deglobalization process gains speed and scale.
It is possible that in the end the organization will become an analogue of the World Trade Organization (WTO), which has become a meaningless structure due to the bully actions of the USA.
The world economy will lose Germany
As Badalov said, the IMF warns that the world economy may collapse immediately by 6-7%. Such an indicator is equivalent to disappearing from the economic map of Germany or Japan. And this is a serious threat that is foolish to ignore. However, Russia cannot influence what is happening in any way.
“We cannot influence the situation. These forecasts are mainly aimed at the G7 countries, the Western financial world, the United States of America and their satellites. They do not listen to this, believing that others will have engines of growth.” he pointed out.
Now the influence of the West is gradually declining. Thus, in terms of share in the world economy, the countries of the BRICS bloc overtook the participants of the G-7. However, the expert calls for acting consciously and not repeating the mistakes of Western politicians who hoped to crush Russia with sanctions and unleash trade wars against China. Such maneuvers only exacerbated the situation of the collective West.
The crisis is just beginning
It is still difficult to know what lies ahead for the global economy, as the negative consequences of inadequate actions by the US and EU countries have not yet gained momentum. And the energy crisis (along with hyperinflation) is only a small part of what lies ahead.
“As practice shows, during crises our country turns out to be almost the most stable from an economic point of view, and now new opportunities are emerging,” the expert said.
“Last year, some hope appeared in the public consciousness – that we will deal with our internal problems, and not continue the course towards raw material dependence on the West”, Komarov summarized.
Translation: SM
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