OK this is true escalation.
Both EU and US cutting key banks out of SWIFT, blocking Russian central bank reserves within reach and targeting oligarchs.
Energy remains the question!
Carveouts or not?
Chartbook #87 maps the options.
adamtooze.substack.com/p/chartbook-87… twitter.com/byHeatherLong/…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…