The biggest issue is that Russia supplies the energy that powers much of Europe. If this crises gets bad enough so that energy shipments are disrupted, that $5 Billion will soon seem like a rounding error. Worse, because the energy markets are global, everyone will be hurt. As anyone in the Producer Classes can tell you, there is simply no better way to crash the global economy than to raise the price of energy.real economics
The real costs of sanctions on Russia
Jonathan Larson
1 comment:
Government of Ukraine Collapses
http://www.paulcraigroberts.org/2014/07/24/government-ukraine-collapses/
Collapse of Ukraine Government: Prime Minister Yatsenyuk Resigns amidst Pressures Exerted by the IMF
http://www.globalresearch.ca/collapse-of-ukraine-government-prime-minister-yatsenyuk-resigns-amidst-pressures-exerted-by-the-imf/5393168
Washington Is Escalating the Orchestrated Ukrainian “Crisis” to War
www.paulcraigroberts.org/2014/07/24/washington-escalating-orchestrated-ukrainian-crisis-war-paul-craig-roberts/
US State Department Tells Lies To Justify War
http://www.paulcraigroberts.org/2014/07/24/us-state-department-tells-lies-justify-war/
Post a Comment