Who could have ever predicted Russia would impose sanctions against Europe after US-cheerled sanctions by Europe against Russia? Russia just announced a one year ban on food imports from Europe, something which will badly hurt the EU. Further, Russian billionaires who have been laundering money by buying London real estate will be moving on, leaving London real estate in a precarious state indeed. Who will London sycophants sell their over-priced baubles to now?
The EU comically sniffed that these Russian sanctions were “politically motivated.” Well, duh. So are EU sanctions against Russia. I guess the EU missed that part. Are they just idiots or simply lackeys of the US?
Surely, Putin is waiting for the European Commission to also issue a #hashtag before he starts shaking in his boots.
As usual, US blundering is poisoning its own well. Our idea of a long-term strategic view is about two weeks.
U.S. and European Union sanctions against Russia threaten to hasten a move away from the dollar that’s been stirring since the global financial crisis.