Pepe Escobar, [Jun 11, 2022 at 8:30 AM]
The sanctions policy of the West has led to the formation of a "new big eight" in the world.

Vyacheslav Volodin wrote about this in his Telegram channel.

The group of countries not participating in the sanctions wars - China, India, Russia, Indonesia, Brazil, Mexico, Iran and Turkey - is 24.4% ahead of the current G7 in terms of GDP at purchasing power parity, he noted.

At the same time, the economies of the United States, Japan, Germany, Britain, France, Italy and Canada "continue to crack," the State Duma speaker added. Thus, in the first quarter of 2022, the United States recorded a 1.5% drop in GDP, and inflation reached a maximum since December 1981 - 8.6%.

“The United States, with its own hands, created the conditions for countries wishing to build an equal dialogue and mutually beneficial relations to actually form a“ new Big Eight ”with Russia,” he concluded.

@rt_russian