Anders Åslund skriver i Project Syndicate

Putin clearly underestimated Western capabilities and resolve, skriver Anders Åslund, senior fellow vid Frivärld.

”In the space of a single day, February 28, Vladimir Putin’s “Fortress Russia” collapsed. The ruble plunged by about 30%, and Russian authorities closed all financial markets. Russians raced to ATM machines to withdraw as much money as they could, desperate to exchange it for anything that wasn’t the ruble. Failing that, they stormed shops to buy whatever they could find before prices skyrocketed.”

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