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i think that real sanctions can do quite a lot - it would make a real difference, if state run enterprises like Gazprom and the big banks would no longer be abl
by MichaelMoser123 5y ago
i think that real sanctions can do quite a lot - it would make a real difference, if state run enterprises like Gazprom and the big banks would no longer be able to mobilize any money on the markets. I actually do wonder, why measures such as a shutdown of swift have not been announced yet.
- oliwarner 5y agoIt's still winter. Much of Europe relies on Gazprom directly for natural gas and perhaps more pervasively, for a lot of low cost natural gas to maintain market stability. Indeed, Gazprom's recent inaction to stabilise supply has seen wholesale prices rocket. I can't imagine the chaos if Gazprom were ordered to cut the supply off. By which I mean to say, Russia has bargaining power here too. It's not just pointy sticks.