Russia Humbles the 'Experts' Who Forgot the Economy Is Global

It’s too easily forgotten by the deep and not-so-deep in thought that production is all about the getting in return. Goods and services always flow. Everywhere. Without regard to embargoes and sanctions.

To be clear, if you’re producing you’re getting.

In the 19th century, England was at war with seemingly every European power of that time at varying times, but the British people still consumed European plenty as though it had all been produced in Manchester. Really, what serious non-British producer in Europe or elsewhere was going to let wars or political decrees of the sanction kind deter profitable engagement with well-heeled customers? The very notion….

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