The Empire Strikes Back
Russia is feeling the pain of western sanctions and has begun to attempt to punch back. The problem is they have very limited power when they are financially ostracized by the west.
One more time: The Russian economy as measured by Gross Domestic Product is 25% smaller than Italy and its GDP is going to crater with the sanctions. This is the real problem. Russia economically is a pimple on the world’s economic ass.
Russia is a gas station with a coal bin out back. Continue reading