this post was submitted on 07 Mar 2022
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These decisions were made in hysteria without any preparation or planning. The results will be horrific and most people in Europe are not prepared for this. Russia planned for this for nearly a decade and thinking that the damage Russia will feel will be greater than the damage the west feels is utterly delusional. Western bankers understand this and that's precisely why they all begged not to do this.
Obviously, there's nothing I can say to convince you, but we'll all see what will be happening in the coming months.