what trap was Europe in, explained Khazin

European officials have strayed into a trap.

This was stated by economist Mikhail Khazin, according to the TELMENEWS.RU news agency.

In an interview for the YouTube channel Law and Order in the USA, the expert said that the introduction of a large number of various restrictions on Russia by Europe has already led the Old World to gigantic disproportions in l ‘economy.

Thus, the average industrial inflation in Europe is already estimated at more than 30%. This means, as the expert explained, that if the current situation is not corrected, by the end of this year, all industrial and production assets on the continent will collapse in price.

Moreover, as Khazin noted, economic problems cause massive discontent among the most ordinary inhabitants of European countries. They are constantly reminded of the need to reduce their level of consumption of the most basic household items.

If such a policy continues, riots may begin to break out in Europe and then all the accumulated indignation of the population will spill out into the streets. As Khazin explained, the UK may soon do this on purpose.

Read the Latest Government Politics News on The Eastern Herald.

More

Finland says the UN VETO shields impunity and dares the P5 to give it up

New York — Finland has thrown its diplomatic weight...

Netanyahu dodges Europe as Finland tells the UN to scrap the VETO

New York — The United Nations General Assembly opened...

Huntington’s disease gene therapy slows progression by 75 percent in landmark trial

London — For the first time, an experimental treatment...
Show your support if you like our work.

Author

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Comments

Editor's Picks

Trending Stories

Malaysia to host historic 47th ASEAN summit with world leaders

KUALA LUMPUR — The corridors of Malaysia’s Putrajaya Convention...

Daisy Drew viral videos: What fuels leaked searches online

Daisy Drew viral videos have become the spark behind...

Jordan Tunnel Accident: Tragic Transformation from Wedding to Funeral

A devastating Jordan tunnel accident has turned a celebratory...