The gas offensive is Putin’s biggest failure, Krugman says

The gas offensive is Putin's biggest failure, Krugman says

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The failure of Russia’s energy offensive against Europe offers some very important lessons about the strength of democracies and the ability of modern economies to cope with change. She said it Paul Krugmanin an editorial on the New York Times, underlining the debacle of Moscow’s energy blackmail, considered by the American economist to be the fourth offensive (of an economic nature), after the first three (military) launched by Putin since the beginning of the invasion. According to Krugman, the first offensive was the attempt to take Kyiv, the second the attempt to conquer eastern Ukraine, finally the offensive for Donbas still underway but stopped at Bakhmut.

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