Posted Apr 3, 2014 by Martin Armstrong
Economic sanctions against Russia are really stupid. It is like the scene from Blazing Saddles where he points a gun at himself and says if anyone moves, then black guy gets it. The US is really delusional for Russia’s annexation of Crimea has heightened concerns in Asia about the possibility of China using force to pursue its claims. The US actually thinks imposing economic sanctions on Russia will be a deterrent to China is just amazing. If the USA imposes sanctions on both China and Russia, who is left to trade with? Europe where the cost of living is already 2x that of the USA and in decline? There is just no end game here. The guy with the biggest stick does not always win nor does the silent treatment.