White House Admits Economies Of European Allies Crippled By Russian Sanctions

Just over a year ago when the Obama administration first introduced the vague, scary-sounding, all encompassing concept of "costs" when it explained how US sanctions would cripple the Russian economy, we mocked this latest bout of amateurism by the US State Department, noting that ig anything it would instead crush Europe's dominant, and far more intertwined with the Russian economy, powers such as Germany .... http://www.zerohedge.com