Economics/Class Relations

Russians Banned From Buying Property in the EU

This is complete divorce. But Russia was a donor for the Western economy. How will they explain later losses because of impossibility to sell their cars in Russia, absence of Russian tourists with their money in their hotels and restaurants, losses because of significant reduction of export of other goods to Russia, reduction in demand of luxury goods? And Russian bussines men will look for other places in the world to invest, for example, UAE. At the same time, there will be more expensive energy and fuel. It seems that European governments intend to destroy middle class in their countries.

Leave a Reply