Tag Archives: Backfire

Sit back and watch Europe commit suicide, by Pepe Escobar

The sanctions are destructive, but they’re destroying Europe far more than Russia. From Pepe Escobar at thecradle.com:

If the US goal is to crush Russia’s economy with sanctions and isolation, why is Europe in an economic free fall instead?

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Washington’s competition with rising power Russia is so fierce, it is willing to sacrifice Europe.

Photo Credit: The Cradle

The stunning spectacle of the European Union (EU) committing slow motion hara-kiri is something for the ages. Like a cheap Kurosawa remake, the movie is actually about the US-detonated demolition of the EU, complete with the rerouting of some key Russian commodities exports to the US at the expense of Europeans.

It helps to have a 5th columnist actress strategically placed – in this case astonishingly incompetent European Commission head Ursula von der Lugen – with her vociferous announcement of a crushing new sanctions package: Russian ships banned from EU ports; road transportation companies from Russia and Belarus prohibited from entering the EU; no more coal imports (over 4.4 billion euros a year).

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