The West is waging a hot economic war against Russia. That Rubicon has been crossed. The West is fighting this war by arming Ukraine and imposing an economic blockade that explicitly aims to eliminate Vladimir Putin’s regime by destroying the Russian economy (and it will be destroyed). As part of this devastating economic offensive, the West has seized around US$400 billion—more than 20% of Russia’s 2021 GDP—from the Russian state by freezing Russian central bank reserves.
Read Full Article »
