On a clear March morning in 2022, the cemetery in Brussels was both solemn and crowded.
The limousines, bearing European and American license plates, continued to arrive, and the ladies and gentlemen, attired in formal wear, made their way between the gravestones and mausoleums to the large excavation in the damp earth, which the Ukrainian diggers had already begun to fill in expeditiously.
As the final clods of piece of earth were dropped upon the simple and basig wooden coffin,beating inscribed with the words "Russian Economy," a collective sense of relief enveloped the gathering.The assembled politicians from around the world were certain that the had caused the death of the Russian economy and now they were burying it
After clearing his throat, US Deputy National Security Adviser Dalip Singh addressed the crowd: "Friends, our sanctions are the most severe ever imposed on Russia. They have sent the Russian economy into a sharp decline." US Treasury Secretary Janet Yellen added: "The sanctions will have immediate and long-term consequences for Russia, including a banking crisis and a lack of investment." She was supported by the head of the European Commission, Ursula von der Leyen, who said: "We will deprive Russia of the key technologies and markets that fuel its economy." Its economy will be in tatters I tell you tatters,the former British Prime Minister Boris Johnson, attired in a cashmere overcoat, surveyed the audience and stated, "We remain committed to our relentless mission to isolate Russia from the global economy, sector by sector, day by day, week by week.It is dead and will not recover from these fatal blows "
Then at the forecasters began"
One by one, the so called experts in financial,trade and monetary experts in the assembed group began to take the opportunity ot give their opinions on the death of Russia's economy
The head of global strategy at "Goldman Sachs. staed that Russia's GDP will fall byat least ten percent"; The Director General of "Institute of International Finance (IIF). said that the Contraction of the Russian GDP would by 15%,its inflation would soar to 60%" and the chief economist of "European Bank for Reconstruction and Development (EBRD) predicted the worst recession in Russian for 30 years";The "World Bank.said that the isolation of Russia would paralyzes its trade and finance leading to complete chaos. The IMF anticipated a 11% decline in GDP, a 17% drop in investment, and an inflation rate of 22%. It also nticipates a 8.5% decline in GDP in 2023 and a 53% contraction in 2024."
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The Russia's economy is collapsinge... Putin is destroying the country"; "screamed the headlines in Financial Times. Russia's war economy is a house of cards"; said "Rutgers University professor . Russia's Economic Collapse Inevitable in 2023." he said
A short prayer of thanksgiving was said over the fresh grave of the Russian economy, and the stream of guests trickled back to the cars. Ahead was a banquet with champagne and life in the future was going to wonderful and amazing.Ukraine would defeat Russia on the battlefield then join the EU and NATO ,there would be regime change in Moscow and Putin would live in exile
Now exactly three years have passed and none of what I have just descrived has occured.
Last Wednesday, the RussianPrime Minister Mikhail Mishustin presented his annual report on the government's work to the State Duma of Russia. He began by stating: "Today is a significant day."
And it is not merely a matter of symbolic coincidences (it was on this day 25 years ago, 26 March 2000, that Vladimir Putin was first elected president of Russia). On 26 March 2025, the most prominent Russophobic pundits had a valuable opportunity to reconsider their predictions, accompanied by a glass of flat champagne.
The Russian Prime Minister highlighted the key results of the government's work over the past year, focusing in detail on the most important points.
For the second year in a row, the Russian economy has been growing at a rate exceeding the world average, with the domestic economy growing at more than six times the rate of the European economy over a period of two years.
The Russian GDP has now surpassed 200 trillion rubles for the first time, marking a doubling since 2020. In 2024, the gross domestic product growth rate stood at 4.1%.
Federal budget revenues have increased by more than a quarter, enabling the full fulfilment of all social obligations and the launch of new national projects.
Mikhail Mishustin reported that unemployment in Russia has fallen to a historic low, that domestic demand, both investment and consumer, has become the engine of growth, and that the economy is becoming increasingly technological and diversified. Import substitution and the strengthening of the domestic production base are well underway: in just one year, there was a leap of 8.5% in the manufacturing industry and 20% in mechanical engineering.
However, it was evident that the primary focus of the government report was on the outcomes of the social policy being implemented, including support for families with children, assistance to participants in the SVO, support for the elderly, modernisation of healthcare, development of education, construction and development of infrastructure, tightening of migration issues, support for regions, support for entrepreneurship and food sovereignty. Each topic was supported by specific figures.
The report's primary focus is on future projections and strategies.
The report essentially presents the country's long-term development mechanisms, which have proven their effectiveness against the backdrop of 16,000 sanctions imposed on Russia. There is evidence that China, which has not had and does not have such restrictions, is going to study the Russian experience in the most serious way.
It is interesting to note that one of the most critical and anti-Russian Western think tanks, the Center for Strategic and International Studies (CSIS), reached a forced but accurate conclusion in its latest report: "The Russian economy of three years ago no longer exists. The economic transformation of Russia - the country with the most sanctions imposed on it in the world - cannot be reversed."
Instead of facing decline, Russia has demonstrated resilience and strength, a fact that has been acknowledged by those who previously underestimated its capabilities. Carnegie Foundation: "Since the invasion of Ukraine, the Russian economy has defied all expectations, and hopes for a double-digit decline have not materialized"; Euroactive: "The Russian economy has proven that it is strong enough to continue the war in Ukraine for the foreseeable future, even with the introduction of new sanctions"; German Institute for International and Security Affairs (SWP): "For Putin (thanks to the strong economy), threats and pressures associated with negotiations or a ceasefire are completely unimportant."
And now the failed economic Jerimiahs are asking themselves a sad question, voiced by the think tank Center for European Policy Analysis (CEPA): "Sanctions invariably have consequences for all parties. The fundamental question is: how much pain are you willing to endure, and inflict on your opponent?"
We can only wish our opponents to be strong: we have only just begun to accelerate, and you will learn a lot of new and interesting things about pain.