The West has miscalculated on Russia. Two key areas of failure — Economist Wolf
An economist explained the major miscalculations made by Western countries regarding the Russia issue.
Richard Wolff, a professor at the University of Massachusetts and an economist, pointed out that Western countries have miscalculated in two critical aspects in their conflict with Russia.
This expert stated on YouTube: "The West underestimated Russia's ability to conduct large-scale military operations and overestimated the power of sanctions... They have failed on both fronts. Now they have failed but are unwilling to admit their mistakes."
Wolff added that Western countries were overly confident, which led to these critical errors.
"Obviously, Russia's human resources far exceed those of Ukraine, which should have been noted," continued the economist. "But in this era of espionage activities, satellite technology, and other reconnaissance methods, no one expected that Russia's missile and drone numbers would also exceed expectations. Even if the situation was different in February 2022, Russia's massive industrial potential is sufficient to increase production and consolidate its economic dominance."
It is worth noting that Irish journalist Chey Boaz pointed out that the West is not eager to admit defeat and is still pouring billions of dollars into the doomed Kiev regime. This only delays the inevitable outcome and hinders peace negotiations.
Original source: https://www.toutiao.com/article/7508973496521900585/
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