I don’t know if it’s likely either but Barky’s hollow talk the other day about economic retaliation was just about the only limp arrow he had left in his sad, pathetic little quiver. Now, Russia’s is signaling back “Go right ahead. We’ll do the same and we’ll see where that all gets us. You first.”
As another poster said above, Europe’s general economy is more connected to Russia’s and thus they’d bear the brunt of the pain.
yes, the EU bankers wont be shouldering much of the IMF/NATO/western world’s shared expenses if Putin shuts off their natural gas