JOHN CHUCKMAN COMMENT: HOW TO IMPERISH YOUR NATION BY POLITICAL ACTS IN A TIME WHEN ECONOMIES NEED ALL THE HELP THEY CAN GET – EU LEAVING PENALTIES AND AMERICA’S SANCTIONS AGAINST RUSSIA   Leave a comment

John Chuckman

COMMENT POSTED TO A COLUMN BY JONATHAN FREEDLAND IN THE GUARDIAN

‘£50bn to leave the EU. What an unforgivable waste of money’

Yes, indeed, it is a terrible waste of money.

Of course, it points out how wrongheaded nations and politicians can be.

But we are experiencing another, and perhaps worse, example of terrible waste and stubborn national attitudes, too, one making us all poorer.

I refer to the American-enforced sanctions against Russia. They are costing Europe billions, every single year.

And their imposition results from no high motive, just American determination to keep the controlling hand in Europe and prevent new economic relationships from forming between Europe and Russia which would in fact increase everyone’s well-being.

Considering the fact that we live in a world under threat of serious economic calamity, both these behaviors are totally irrational and add only to our potential economic danger.

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Posted December 4, 2017 by JOHN CHUCKMAN in Uncategorized

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