Europe Self-Destructing for U.S. Proxy War In Ukraine, with Prabhat Patnaik

When the war in Ukraine began, Western officials bragged that they were going to “turn the ruble into rubble” and bring Russia to its knees. Seven months later, as the war and sanctions drag on with no end in sight, it’s the Euro that is turning to rubble and Europe being brought to its knees. It turns out sanctioning your largest gas supplier with no alternative in place, following years of stagnation and an economy-destroying pandemic, isn’t a great idea. To discuss the economic fallou...