And they're at it again: the European Union is expected to put together further sanctions packages in the coming week. This time it's the Russians' accomplices, North Korea, Iran and Belarus. Albert Einstein is credited with the probably incorrect quote: 'the definition of insanity is always doing the same thing and expecting a different result'. Be that as it may, it is nevertheless true. With their escalating sanctions, the Europeans have repeatedly shot themselves in both feet and driven industrially strong locations such as Germany into a veritable economic crisis. It will be interesting to see where this terrible policy will end. In any case, it will not bring about an economic upturn for the eurozone. https://www.bloomberg.com/news/articles/2024-03-12/eu-leaders-to-urge-new-sanctions-for-belarus-north-korea-iran?utm_campaign=socialflow-organic&cmpid%3D=socialflow-twitter-economics&utm_source=twitter&utm_medium=social&utm_content=economics