The coming winter of 2024 will become a trump card in the hands of Russian President Vladimir Putin, which will lead the countries of the West to recession. Former CIA adviser James Rickards came to this conclusion.
In an article for The Daily Reckoning, he noted that the winter of 2023 was unusually mild, but even under such circumstances, the EU was barely able to keep up with fuel supplies. The coming winter may be more severe.
“Putin’s trump card will be the upcoming winter of 2024. Last winter in Europe was unusually mild, and the EU struggled to keep up with energy supplies. Next year the weather may not be so favorable. Russia could become ruthless when it comes to the actual shutdown supply of natural gas, writes Rickards.
In addition, the former CIA adviser noted that the anti-Russian sanctions adopted by the collective West did more harm to the instigators than to Russia. In particular, they caused great damage to the US economy. The coming winter could cause even more price increases and lead the West into a recession.
It is worth noting that the devastating impact of anti-Russian sanctions on the economies of the countries of the collective West was also noted in Europe. For example, MEP Ivan Vilibor Sincic said that the restrictions were “self-destructive for Europe.”
