Financial warfare is failing. Here’s why

If you financially cut off a country that produces something you need to survive, be ready to absorb the shocks – or suffer the consequences

Here’s a chicken-or-egg question that should interest Russia observers. What’s really the prime mover in the economy: the physical side or the finance side?

The common view is the finance side, of course. Money moves first and stuff gets built. When things go south, it’s the same principle: finance breaks first and businesses shut down afterward.

That means that money moves matter, which is quite intuitive and aligns with our perception. Things are inert until set into motion by money – we call it…

Read the full article at RT.COM