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Excellent analysis. Now, please explain how Western Europe is going to enjoy the standard of living achieved by several decades of cooperation with Russia and receiving in return bountiful discounts on its energy and raw resource materials as well as providing a growing market for its goods and services?

Over a ten year period and using your own estimates the cumulative trade deficit could be as much as three trillion dollars. Any sensible leader of Europe such as Orban needs to sit down with Putin and fashion the best deal possible which many suggest is to partition Ukraine between Russia,Poland and Hungary by restoring the 1939 and 1945 borders. Otherwise, economic decline will exacerbate an already deteriorating social structure as native born are forced to compete for declining resources with immigrants.

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