How The West Took A Knife to an Economic Gun Fight With Putin

Knife
In our Murrinations of The West Is In An Economic War With Putin That It Cannot Win published on 08/03/2022  we explained why Western sanctions would not impact Putin’s behaviour and that the West could not win an economic war with Russia in this phase of the K wave cycle. Indeed that prediction has come to pass over recent months with the Ruble gaining strength, as shown in the below chart whilst the war has rumbled on. We described the situation as taking a knife to a gunfight, with Putin holding the gun. Since the start of the war, oil and gas prices have risen, and the Europe...

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