Predicting that cost of living protests in the Czech Republic and Germany will spread around the continent, a prominent economist warns that European citizens are “mad with anger and it will worsen.”
On Saturday, over 70,000 people took to the streets of Prague to demand an end to weapons supplies and neutrality regarding the conflict in Ukraine.
Numerous demonstrations are also set to take place in major German cities over the next month as energy bills and inflation soar as a result of sanctions on Russia and over dependence on green energy.
“The demonstrations in Prague and Germany are only the beginning. The price of gas and consequently of electricity are driving the European citizens mad with anger and it will worsen,” French economist Charles Gave told Sputnik.
Gave went on to assert that many Europeans aren’t buying the narrative that the situation, which culminated in the shut down of gas supplies to Europe via the Nord Stream 1 pipeline, is all Vladimir Putin’s fault.
“The European governments and the European Commission speak of a ‘manipulation’ by Russia, but people perceive very well that the decision to stop importing Russian gas and oil was a European decision, taken by Brussels without even thinking of the impact it will have on the European economy,” he said.
The economist blasted European leaders for their obsession with net zero and climate change hysteria, which has left the continent totally lacking in self-sufficiency.
“For the last 15 years, our European leaders have gone into a climate craze, promoting magic mirrors and windmills as the solution. It does not work. These solutions demand the same capacity in gas power plants,” Gave said.
The economist firmly blamed globalist technocrat leaders for sacrificing the interests of Europeans on the altar of prolonging a war that will cause economic devastation.
“They [Europeans] even believe that it is the bad Russians that have closed the tap of oil and gas, while it is our own leaders in Europe that have stupidly imposed these sanctions that are destroying the European economy. We, Europeans, are bringing stagflation onto our head. Before the people realize it, it will be too late. Macron, [German Chancellor Olaf] Scholz, von der Leyen and the like will never admit they were wrong and present excuses,” he asserted.
As we highlighted yesterday, police in the UK are preparing for a widespread “breakdown in public order” caused by the cost of living crisis if new Prime Minister Liz Truss doesn’t authorize a big enough government handout.
Truss is set to freeze all energy bills for at least two years at a cost of hundreds of billions of pounds, an expense that will inevitably be passed on to the taxpayer at a later date.
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