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Michael Rochlitz on InfoRadio Berlin

Michael Rochlitz was asked by InfoRadio Berlin to comment on the effect of sanctions that were imposed on Russia as a result of its aggression against Ukraine. In Michael’s opinion, Putin is no longer acting rationally and apparently was not expecting such a massive and concerted economic response from the West. There has been a major exodus of foreign companies from Russia in the past two weeks, and the sanctions are already starting to affect the country’s economy and the Russians. This will undoubtedly get even worse, and it might take several decades for the country to recover.  

ruble drop