Thursday, September 28, 2017

US Sanctions Against Russia Have Flopped

Great assessment by Eric Zuesse:

Did U.S. President Barack Obama create the anti-Russia sanctions in order to weaken the EU in its competition against America? If so, the policy has been a huge success - it has enormously damaged the EU’s economy. But, if Russia was the actual target - as Obama claimed - then it’s been a total flop: It has produced $100 billion loss to the EU, thus far - almost twice as much as the $55 billion total hit to Russia, and the hit to Russia might be even less than that, maybe even zero, because the harms to Russia included the harms from the plunging oil-prices, which weren’t at all due to the sanctions. Furthermore, the sanctions strongly helped Russia’s economy, in ways that don’t yet show up in the economic data but that constitute long-delayed reforms whose pay-offs will start only during the years to come. Washington’s economic sanctions against Russia could thus end up producing a net plus for Russia, on a long-term basis.

You can read the rest @
http://thesaker.is/exclusive-news-economic-sanctions-against-russia-flop-the-first-comprehensive-study-of-anti-russia-sanctions-shows-they-hit-eu-much-more-than-russia/

Once again proving that Obama ad-Dajjal is either an idiot or a liar.

No comments:

Post a Comment