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2023-02-24 16:49:21

arbedout on Nostr: The combo of: a) this Politico oral history with Biden admin officials marking the ...

The combo of:

a) this Politico oral history with Biden admin officials marking the one year anniversary of the war in Ukraine - in which sanctions against Russia are described in terms of 'shock-and-awe' and collective punishment, with Treasury officials imagining themselves as warfighters deterring enemy behavior and blithely ignoring collateral damage

https://www.politico.com/news/magazine/2023/02/24/russia-ukraine-war-oral-history-00083757

and

b) this Bloomberg article published on the same day, quietly admitting that sanctions proponents have given up on them having any impact on Russia's behavior

https://www.bloomberg.com/news/features/2023-02-24/russia-sanctions-to-stop-putin-s-war-in-ukraine-became-300b-distraction

has convinced me we're in the final stage of the decline of the dollar system, in a "where are we going and why are we in this handbasket?" kind of way.
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