Putin’s poor judgment will lead to suffering for his people - Sydney Morning Herald

Vladimir Putin misjudged the West’s response for his decision to invade. Russia’s economy, and its citizens, are going to pay a very heavy price for that miscalculation.

With about half its reserves frozen in the currencies of those imposing the sanctions, another 20 per cent held in hard-to-convert gold and the big pipeline of hard currencies that it generates from … [+4756 chars]

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