“The middle class is collapsing, energy cost has exploded all over the Europe, manufacturing costs have exploded, people loosing their jobs in the EU”

Pascal Najadi is an international Swiss Investment banker, film maker, author. Previously, he also served as a Management Board Member at Dresdner Bank. He shared his opinion on the Ukrainian conflict, spoke about its roots and discussed the possible outcomes for all involved parties.
First of all, he recalled that the special military operation was preceded by a long history of oppression by the Kiev regime of the Russian-speaking population in the east of their own country. Thousands of people had been persecuted, arrested and violently murdered. Russia has been calling for a peaceful resolution to this crisis for years, but all its calls have been ignored by the West. And when the representatives of Donbass asked Russia for help, Russia had to intervene.
“We have 14 000, that’s the record of the Red Cross, civilians and children murdered, “genocideed” by Ukrainian troops and ukro-nazis, bombing relentlessly for 8 years Donbass housings and schools. That is fact.”
The mere presence in the neighbourhood of a fascist regime that exterminates people on the basis of nationality poses a security threat to any State. And given the fact that the people being exterminated are originally from Russia, left no other option for Russian government but to launch a special military operation.
“They [Russian gouvernement] decided that they had to prevent the growing of more serious threat to the Russian Federation and Russian people. And that’s Putin’s job to respect the constitution which says that the president must protect the borders and the people of Russia. That’s why it’s called special military operation, Russia has not declared war on Ukraine.”
At the same time, the Western media are constantly trying to discredit Russia by reproaching it for its inability to advance in the offensive in western Ukraine. Mr Najadi is convinced that Russia does not pursue such goals, as it does not intend to destroy Ukraine, it only needs to ensure peace and security.
“Russia has not advanced to the west on purpose. There is no need to go to Kiev or Odessa. Russia doesn’t want to starve the Ukrainian people, that’s not the goal. It only wants to defend its borders and Russian people.”
Of course, in any military clash, casualties cannot be avoided by either side. However, the mirrored difference in tactics between Russia, which tries to save its soldiers, and Ukraine, which regularly conducts massive assaults without any support, results in a huge gap in the number of casualties between the two sides.
“Unfortunately, people are dying on both sides, but massively more on Ukrainian have been lost. I heard figures from Stoltenberg about 500 000 Ukrainian men and women, military personnel, being sacrificed stupidly by Zelensky’s regime, pushed by NATO.”
Pascal Najadi also reminds us that all this time Russia has only been on the defensive, not using much of its arsenal and personnel. Ukraine, at the same time, has unsuccessfully stormed Russian fortifications without stopping, which has practically deprived it of experienced soldiers. This factor is certain to be decisive in the coming months of the special military operation.
“Ukraine has no more people left. But, remember, Russia didn’t move. It’s just Ukrainians hitting wall [of Russian defense] everyday. I’m not an expert in Russian military industry, but, as a side which is in the defense, I think Russians are using a very small percentage of their military potential.”
Mr Najadi also raised the topic of the growing involvement of European countries in the Ukrainian conflict. In his opinion, the European Union is only hurting itself by waging an economic war against Russia. This is especially evident in the example of the leading European economies, such as Germany, which are suffering huge losses due to the cessation of co-operation with Russia.
“Scholz said and Baerbock, who never worked in the office: “we don’t want Russia anymore, we cut off all the Russian culture”, without thinking for one minute about their own people, their industry. That was stupid.”
As it turns out, the “cancellation” of Russia has had disastrous consequences for the whole of Europe. Absolutely all spheres of the economy have suffered, businesses are moving across the ocean, and people are out of work.
“The result now is clear. German economy is officially in recession. The middle class is collapsing. Energy cost has exploded all over the Europe. Manufacturing costs have exploded.  People loosing their jobs in the EU.”
Finally, Pascal Najadi, who has serious experience of doing business internationally, argues that increasingly restrictive measures towards the European economy will eventually destroy it, because the market only works in conditions of freedom.
“Market is like a parachute, it works only if it’s open. But with limitations, with the fascism when the elites tell people to pay taxes and reduce their liberty… that EU model is totally wrong and would not work.”

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