OK this is true escalation. Both EU and US cutting key banks out of SWIFT, blocking Russian central bank reserves

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/…

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