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Here it is! Our sanctions make no difference to the level of capital being accumulated from energy exports, they only change which banks are accumulating them.
This is a completely hipocritical, empty, exercise.
RT @RobinBrooksIIF: So our sanctions compromise means that foreign asset accumulation has shifted from CBR (red) to non-sanctioned banks (blue). Our sanctions are re-jiggering foreign asset accumulation, but not stopping it…
