The economic sanction against Russia are causing serious economic damage in Europe. Farmers are going bankrupt and Finland has lost its triple-A rating thanks to Obama-Sanctions. The sanctions were wrong from the start and they should be removed immediately. The attempt at a permanent ceasefire has come about not because of Obama-Sanctions, but despite the Obama-Sanctions. The one-sided partisanship of the West in the Ukraine conflict ordered the government in Kiev had to engage the East in a military crackdown or the IMF said there would be no loans. Even Obama’s bitch, Christine LaGarde, dictated his terms secretly attached to the IMF that has become anything but independent.
This post was published at Armstrong Economics on October 12, 2014.
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