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Sep 8, 2022Liked by Marcel Dirsus

Nick makes an important point. It's not unusual or unseen that the threat of a measure has a stronger impact than the measure will have itself. Once it is implemented, it will be a matter of market forces, as both Nick and Georg correctly state. It will be next to impossible to control or even sanction countries that will circumvent the rule. So, the question becomes, is there a better option?

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