the extraordinREADERAMA: EU fires blanks at Putin, Coalition killing as many jobs as it creates, the extraordinary ability of Leon Brittan to evoke silence, how RBS did nothing wrong haha, and France falls meekly into line

I see USA is pouring dollars into Ukraine, as well as the EU.

The Slog.

I recently stuck my neck out by suggesting that when it comes to “economic sanctions” being placed on Russia, the West – especially the EU – are what that old paedophile Mao Tse Tung used to call “Paper tigers”. Now a Slog reader points to further confirmation of Russia’s relative safety in the face of Western threats, given that ‘exported commodities represent 20% of Russian GDP. Additionally, commanding over 10% of the global gas and oil market, Russia is a huge marginal producer of the most important commodities on a global scale (and with over 40% of the produced palladium, one can see why its price in recent weeks has exploded)’.

But it doesn’t end there: ‘ Russia supplies literally all of the natural gas that Finland and the Baltics consume and 70% of what Ukraine consumes, a key point of Russian leverage in the current dispute. Dependence is not…

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