gerald celente always seems to have a good idea of where the ecomony is heading and here is an update;

 Russian President Vladimir Putin said Monday that the Western sanctions that were intended to punish Moscow into submission and end its war with Ukraine have failed and, instead, hurt the very countries who imposed them.

Putin used a televised address to tell Russians the sanctions were “expected to quickly upset the financial-economic situation, provoke panic in the markets, the collapse of the banking system and shortages in stores.” But said the West’s “economic blitz” failed and backfired. He said they instead led to a “deterioration of the economy in the West.” ............read and watch more.....