Last month, as President Obama prepared to sign tougher sanctions legislation aimed at Russia, the top White House economist, Jason Furman, boasted that the West’s economic warfare was already bringing Russia to its knees.
“If I was chairman of President (Vladimir) Putin’s Council of Economic Advisers, I would be extremely concerned,” Furman said. Declaring that Putin and his circle were “between a rock and a hard place in economic policy,” Furman crowed that “the combination of our sanctions, the uncertainty they’ve created for themselves with their international actions and the falling price of oil has put their economy on the brink …read more
Source: The Huffington Post
