Sunday 10 August 2014

autarky or war of words

It is strange how words become ammunition in reporting:

one would, reading the coverage of Russia's decision to impose strict limits on imports of US and EU goods, think it was something that could be laughed-off and easily dismissed as a bluff or empty-threat, whereas the commensurable response by the West and associates is called by the more macho name of embargo. Sparingly, the term sanctions is sometimes applied. Pretensions aside, I believe that it is a buyers' market, and it is not so easy to find contingency consumers as it is to find alternate suppliers.