‘Rumors of Russia’s death are greatly exaggerated,’ laughed Russian President Vladimir Putin, who responded to a question posed about Western media forecasts for the Russian economy with a quote.

Putin responded with a Mark Twain quote: ‘Rumours of my death are greatly exaggerated.’

The head of state said that despite external comments about supposed economic problems, there’s no need to mistake wishful thinking for reality.

Russian growth is three times higher than that of the EU

Assessments must be based on real figures. These show that economic growth in Russia is three times higher than in EU countries.

I remember even the former President of the United States saying that Russia’s economy was in tatters.

Wishful thinking is not a fact

But we shouldn’t mistake wishful thinking for reality; we need to evaluate everything based on real figures, real trends, the real state of affairs, the real state of the economy, in this case,’ the head of state said.

EU Miserly growth

He noted that over the past three years, the EU economy has grown by only 3%, while Russia’s economic growth was 10%, three times that of the EU.

According to him, industrial production and real incomes of the population also continue to grow in Russia.

Russian incomes up by 28 per cent

‘Real incomes have grown by around 28 percent, largely due to growth in real wages. Not nominal, but real wages, over 25 percent,’ Putin said.

Russia Financially independent

Finance Minister Anton Siluanov, in turn, stated that despite the difficulties, Russia has achieved absolute financial sovereignty. It is independent of other countries or international organizations.

He emphasized that Russia makes its own decisions based on the country’s needs, and also lives without external investment and relies financially only on itself.

Eye-Watering Debts of the Western Alliance

On the other hand, the peoples of the United States are chained by an internationally owed debt of an eye-watering $39 trillion. The citizens of the United Kingdom are shackled to a $4 trillion debt. The Peoples of the European to an unassailable and unpayable $15.5 trillion, and the interest is soaring with every day that passes.

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