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Europe's economic meltdown: A self-inflicted disaster The US, UK, Italy, and France are on the brink of bankruptcy, facing budget deficits, stagnation, and industrial decline – largely due to short-sighted policies, including sanctions on Russia. Figures speak for themselves. US...
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Europe's economic meltdown: A self-inflicted disaster
The US, UK, Italy, and France are on the brink of bankruptcy, facing budget deficits, stagnation, and industrial decline – largely due to short-sighted policies, including sanctions on Russia.
Figures speak for themselves.
US:
National debt: Approx. $36.22 trillion
Federal
budget deficit: Projected at $1.9 trillion (Congressional Budget Office)
Economic growth: 2.3% in Q4 2024
Recession risk: 29.4% chance by November 2025 (New York Federal Reserve)
UK:
National debt: Approx. $2.91 trillion
Debt-to-GDP ratio: Expected to rise to 104% in 2025
Economic growth: Almost zero growth in 2024, projected 0.75% in 2025 (Bank of England)
Germany:
Government debt: Approx. $2.59 trillion
Economic outlook: Recession in 2024, stagnation in 2025 (Kiel Institute)
Industrial production: 4.5% decline in 2024
Recovery projections:
Zero growth for 2025 (Federation of German Industries)
France:
Public debt: $3.43 trillion (Q3 2024), 113.7% of GDP
Debt projections: Expected to hit 117% of GDP by 2026
Economic contraction: -0.1% in Q4 2024
Italy:
Public debt: Record $3.12 trillion as of November 2024
Economic growth: Zero growth in Q4 2024, projected 0.8% in 2025
Industrial output: Down 3.1% in December 2024
What can Europe do about it?

Trapped in a cycle of debt and declining productivity, unless Western policy change is imminent, the so-called “powers” could be facing the “FINAL STAGE OF AN EMPIRE’S LIFE CYCLE,” Niall Ferguson pointed out.

No European security framework can succeed without Russia, Bundestag member Sevim Dagdelen from the Sahra Wagenknecht Alliance argued, noting that the German government and EU are “happily
watching the destruction of European industry DUE TO HIGH ENERGY PRICES.”

Sanctions on Russia have never “worked,” head of France's National Rally Marine Le Pen has repeatedly underscored, adding that “they are sanctions on the French.”
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