Russia Cannot Survive Elvira Nabiullina
Paul Craig Roberts
John Helmer reports on the latest mischief from the woman who heads the Russian central bank. https://johnhelmer.net/no-gdp-growth-no-inflation-no-war-by-2028-central-bank-governor-nabiullina-follows-us-nato-imf/ She has killed Russian economic growth with her strangling policies without reducing, indeed with raising, the inflation rate.
It is not Trump’s sanctions that are harming Russia’s military efforts. It is the policies of Elvira Nabiullina.
Nabiullina blames the forecasted recession that her policies are producing on military spending and the budget deficit it causes. She seems to be saying that if Russia wants a good economy Putin must give up his war. Mikhail Delyagin, deputy director of the Duma Committee on Economic Policy, says Nabiullina is deliberately following the policy of Russia’s enemies. He describes Nabiullina as “a high-ranking official of the globalist structure, which oversees the Central Bank of Russia which is actively lobbying for the confiscation of Russian assets.” Delyagin says this “has been the work of the Central Bank of Russia! The Central Bank reserves have ended up exactly where they can now be removed. An amazing coincidence. . . . Everything is going to be fine for those who serve the West against Russia.”
Other Russian economists say the Central Bank only serves speculation by Russian bankers, “part of the liberal crowd ruling our country.”
Just as Putin continues to stand for his war policy that has produced a never-ending and ever-widening war, he stands for Nabiullina who is destroying his efforts to have a strong Russia with which to withstand the West’s assaults.
It seems that Putin is one of those people who cannot recognize their extraordinary mistakes. This bodes ill for Russia as it will lead to more pressure from the West, pressures likely to force Russia into nuclear war or surrender.
Nabiullina’s support for a digital currency suggests she is indeed an agent of the globalist agenda which, of course, implies zero national sovereignty for Russia.
Putin’s confusion is shown in his support for national sovereignty and globalism.