Interpretation

Putin on the Fritz by Paul Krugman - The Conscience of a Liberal - NYTimes.com:

 Well, it turns out that Putin managed to get himself into a confrontation with the West over Ukraine just as the bottom dropped out of his country’s main export, so that a financing shock was added to the terms of trade shock.

or you could say,.....

The west manufactured a confrontation with Russia in the Ukraine and is now intentionally bombing the Russian economy with cheap oil in order to force Russia to bend to it's will.

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