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(The Count of Kosova, 10 September 2014 02:35)
The west is full of hot air because so far I have not been able to read just what sanctions are hurting Russia – not one. Yes it’s the usual bravado of banking and superior equipment of some kind, but nothing concrete to explain how it will hurt Moscow. It’s a fact that 85% of the world has no sanctions on Russia and more importantly the No 1 economy in the world is on Moscow’s side. Yes it would be a different story if China joined the sanctions brigade, but it has not and if you knew something about that country you would know it is an EU within its own borders.
These sanctions are for local consumption and nothing else. They are telling their people that Russia is hurting, but its not. The Hungarian PM said that the EU is shooting itself in both feet.
“West is hardly broke since their generosity…”
The west did not have this money. It’s all borrowed and if you think that being 130% of GDP (US) in debt is not a problem then you have a problem. Brussels did not help out Greece because they liked Greeks but to save their backsides.
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