Mish - Russia Under Attack: Letter from CEO of Genoil

``Does one measure pain in a one-sided manner? If Russia loses a leg and Europe an arm, is that winning or is it just plain stupid? It's difficult to contemplate the worst that could happen, but David Lifschultz mentioned one possibility in his letter to various CEOs: The wrong reaction could "trigger implosions in the quadrillion of derivatives" -- Well, that would be pretty hard for Obama to conceptualize, let alone analyze. Of course, at the end of the day, this is probably all about getting to fire the shiny new "weapons" of the US Treasury's financial sanctions machinery, just like Nagasaki and Hiroshima in 1945 were about demonstrating the viability and power of the atomic weapons that had been developed by the US... nevermind whether it was really justified to use them...