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News & Analysis.


​THE BALTIC STATES DIDN'T EXPECT THIS RESPONSE FROM RUSSIA: THE “SANCTION IMPACT” HAS BEEN FATAL

12/9/2018

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9-23-2018
 
Following is our translation from newzfeed.ru with a commentary by Vince Dhimos,
 
We showed you here how Ukraine became the poorest state in Europe by following the US and EU Pied Pipers at the Maidan and staging an illegal and violent coup against a democratically elected but pro-Russian president. Kiev had no experience working closely with the US and Europe but followed the lure of potential EU and NATO membership and the glitter of US wealth.
 
And they got exactly what they asked for from these con artists, who neither gave them EU membership nor allowed their Nazi sympathizers to join NATO. It was a blind date. Neither side knew what awaited them, which turned out to be very little. Like much of the former Soviet Bloc, the naïve citizens assumed that, since the US hated and feared Russia, all they had to do was play along and they would be rewarded richly. But it turns out that Russophobia is a thankless job. You get no real protection and the Western prosperity doesn’t wear off on you. In fact, being a US puppet has just the opposite effect, ie, poverty and tears of remorse.
 
In all cases where these former satellites of the Soviet Union peeled off and cleaved to the West, their dreams were shattered. It turns out that their former close ties to resource-rich Russia had been their bread and butter. But there was no turning back. Weeping and wailing and gnashing of teeth are their future.
 
The tragedy is that, thanks to their naïveté, they only learned too late. Ukraine was doing fairly well thanks to its ties to Russia. It only makes sense. Russia was right next door and was relatively rich, and the US was far away and was reeling under a massive debt from profligate spending on bombs, ships and planes to murder countless souls throughout the world. Who would trust such a nation?
 
According to the below article, not only Ukraine, but the Baltic states also trusted it, and now they are paying the price.

​

BEGIN TRANSLATION

09-23-2018
 
After many years in the Baltic States, they finally began to calculate the losses from Moscow’s response to sanctions. Local experts concluded that there was no longer any “Russian money” but they could not earn their own either. In the end, the Balts began to observe real panic over the fact that the country's economy is on its deathbed. Experts note that the Baltic countries have ceased to be dependent on Russia, and now they have fallen on really hard times.
 
As a result, following Moscow’s political and economic retaliatory measures, the state of the Republics is extremely critical. However, retaliatory sanctions were imposed by Moscow only after the Baltic states themselves challenged Russia, introducing a list of their restrictive measures against it.
 
At first, the Balts were inspired by the magnificent beginning of their development in the period of 2000–2008, having a GDP growth of about 10% per year. At that time, these Republics could compete even with China and the countries of Europe in terms of this index.
 
Latvia began to develop the service sector and to ship imported goods. In the port of Riga alone, more than 20% of the country's GDP was earned. Thus the Russian side actively used these sea harbors to transport their cargoes. Companies from Europe also invested in them, thanks to which the state literally “thrived and prospered” until 2008. And the locals were happy with their income, which had grown more than 10 times.
 
Oil exports accounted for about 25% of GDP in the Baltics, which was a quarter of the income of the population of the Republics. Therefore, we can safely say that it was thanks to Russian oil that the inhabitants of the Baltic countries then had such high salaries. Coal, household goods and chemical products also went through Lithuania, Latvia and Estonia. It seems that Latvia, Lithuania and Estonia mediated between the Russian Federation and Europe, earning more than half of their GDP from this.
 
After the collapse of the Soviet Union, Lithuania was nevertheless in a rather precarious position. However, the Europeans provided the country with investment and cheap loans, thanks to which it could, like Latvia, earn income through transit between the Russian side and European countries.
 
In time, despite this assistance from the Russian Federation, anti-Russian sentiments continued to be observed in the Baltics. In the end, after all the unjust actions of the Baltic states, Moscow also decided to retaliate, gradually declining he services of the Baltic ports and switching to its own.
 
In the Russian Federation, the modernization of domestic harbours and the construction of new ones began at an accelerated pace. Moscow has increased the capacity of its ports from 10 million to 236 TEU. It was then that the prosperity of the Baltic countries began to end. Countries have lost both GDP growth of 10% and a large part of the working-age population, which simply did not want to sit by and watch how their state decline.

END TRANSLATION
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