BATTLEFORWORLD.COM | March 16, 2022: Russia's President, Vladimir Putin, speaking on Wednesday, said that the "myth of the Western welfare state, of the so-called golden billion is crumbling." And refer to the latest raft of unprecedented sanctions imposed on Russia by the U.S. and their allies regarding the Kremlin's military campaign in Ukraine, is marking the end of an era and from now on the West will be losing its "global dominance" both politically and economically. And that the "whole planet that is having to pay the price for the West's ambitions, and its attempts to retain its vanishing dominance at any cost."

The Russian president commended on food supplies and has predicted food shortages across the world as Western sanctions against Russia has had an adverse affect the entire global economy.

Regarding the decision by several Western powers to freeze Russia's central bank assets, Putin said, this would only serve to undermine trust, not being able to be repaired, with those nations, and will make other countries think twice before placing their reserves in the care of those countries. ... These western governments attempt to portray Moscow as the primary source of all their woes, were lies, as a lot of those issues are the direct result of the Western governments' "ambitions" and "political short-sightedness."

And the Western elites, according to Putin, have transformed their countries into the 'empire of lies."

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