“Let’s Get Out Of NATO”: Discontent Soars Across Europe As Russian Sanctions Backfire

“Let’s Get Out Of NATO”: Discontent Soars Across Europe As Russian Sanctions Backfire

Western sanctions against Russia have been considered a powerful foreign policy tool by the US and the EU to paralyze Moscow back to the ‘stone age.’ Though sanctions against Moscow have entirely backfired, sparking the worst cost-of-living crisis for Europeans in a generation. 

In early September, we first noticed a wave of discontent sweeping across Europe as tens of thousands of people took to the city streets to protest soaring electricity bills and the worst inflation in decades. Some countries delivered relief packages to citizens to tame the anger, while other countries did not have the financial capacity to hand out checks. 

Tens of thousands of people have marched across metro areas in France, Belgium, the Czech Republic, Hungary, and Germany — many of them are fed up with sanctions on Russia that have sparked economic ruins for many households and businesses — but also very surprising, support for NATO’s involvement in Ukraine is waning. 

There has been increasing awareness and dissent among Europeans about their countries’ leaders prioritizing NATO’s ambitions in Ukraine over their own citizens. The prioritization has been in the form of sanctions against Moscow, sparking energy hyperinflation and supplying weapons to Ukraine, which has made Moscow displeased with any country that does so. Some Europeans are now demanding NATO negotiate with Moscow to end the war so that economic turmoil can abate. 

Here are the latest protests across Europe of tens of thousands of people (if not more) frustrated with high inflation and crying out anti-NATO slogans. 

WSJ pointed out that a majority of Germans strongly support Kyiv and Russia policy of Chancellor Olaf Scholz’s government, though the popularity of the Alternative for Germany, or AfD, has been increasing as they benefited from the souring mood of the people who have been crushed into energy poverty. AfD has called for the lift of sanctions against Russia. Their popularity has risen from 10% to 15% in 9 months. 

“This is merely the silence before the storm—the discontent is great, and people do not have any sense that the government has a plausible strategy to master the crisis,” said Manfred Güllner, head of Forsa, a pollster.

Worse, the sanctions have sparked a further weakening of the economy where a recession might not be avoided this winter. Efforts by the European Central Bank to rapidly tighten its monetary policy and increase interest rates to quell inflation also have their risks. 

We recently penned two pieces, the first “”Worst Has Yet To Come”: Civil Unrest Set To Surge Worldwide As Socioeconomic Pressure Builds, Report Warns” and “IEA Head Warns “Wild West” Energy Scenario Could Unravel Europe” that both outline the rising risks of social unrest in Europe if inflation remains high and the energy crisis doesn’t abate. 

Tyler Durden
Mon, 10/31/2022 – 05:45

via ZeroHedge News https://ift.tt/AjD5FYa Tyler Durden

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