A mainstay of Washington’s policy since even before the end of World War II has been to make economic dependencies of its friends.
At a recent investment forum in Moscow, Russian President Vladimir Putin remarked on the ill-treatment the US subjects others to. At first glance, this is hardly news. Washington has an extensive toolkit that includes all types of sanctions, economic coercion, and regime-change operations to deal with its real or perceived adversaries. But in this case, Putin was commenting on Washington’s treatment of its very own allies.
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