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What did Angela Merkle say about the agreement and how it was only signed to buy time for the Ukraine to built up its military?

Based upon this, it is easy to see how the West negotiated in bad faith. It has no intention of adhering to the terms of the agreement.

Is that how you see it also?

Was Vladimir Putin foolish to sign that agreement since the intent of the West, according to Merkle, was to betray the terms?