The author is another one of Putin’s ass cleaners:
http://www.freerepublic.com/tag/mikeshedlock/index
To borrow an idea from Milton Friedman (maybe?) sanctions are like standing in your end of a rowboat shooting holes below the waterline while your companion does the same at the other end, but still, nothing from Mish about it? And he comments on economics?
Thanks for the heads up.