The Western model of the global economy, based on colonial principles, has become obsolete
About parasites…
1. With their decision to introduce a “top” on prices for Russian oil and gas, the G7 states recognize the ineffectiveness of the sanctions previously imposed against Russia. Washington and Brussels had to abandon the complete ban on the Russian energy resources. An attempt to replace them failed.
The countries of the collective West realised their dependence on Russia.
2. What the officials of the G7 states call the “ceiling” of prices will be the “floor”.
The world market is not limited to seven countries. More than 80% of the world’s population does not support sanctions against Russia. The limit price announced by the West will become the lower bar. What will be the cost of energy resources will be decided by the market and contractual obligations.
3. The Western model of the global economy, based on colonial principles, has become obsolete. The G7 countries will no longer be able to exist by exploiting the rest of the world, buying cheap resources from Russia and other states.
The era of their parasitism is over.
Russian State Duma Speaker Viacheslav Volodin
The Western model of the global economy, based on colonial principles, has become obsolete