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> If the sanctions didn’t work before, I don’t know why they would work now. Just look at short term effects: Ruble is down 30%, Russian banks in EU are going
by adriancr 5y ago
> If the sanctions didn’t work before, I don’t know why they would work now.
Just look at short term effects: Ruble is down 30%, Russian banks in EU are going bankrupt, interest rate jumped to 20% so anyone with a loan in Russia is screwed... There's talk of seizing people's savings... Nobody can buy foreign currency... Perhaps they'll go back to trading with Kent cigar packs like in former USSR.
Longer term, it's assumptions, it's doubtful sanctions will go away any time soon, I'd look at Iran and Cuba for possible effects.
It also decouples EU and everyone else from Russia and it grants some immunity to Russian influence. (harder to do election meddling if you're cut off and everyone is against you)
> I don’t have the answers, but certainly any move toward more militarization of the world is usually a bad thing.
Proper defense does tend to prevent invasions. It's a bitter pill to swallow for a lot of folk that Russia will invade at any opportune time and it's best to be prepared.
- ssijak 5y agoDo we really want biggest nuclear power in the world totally alienated long term?
- adriancr 5y agoIf you meant Russia, there has to be consequences for its actions, so yes. Nobody wanted the war or to have to impose sanctions. If you meant it as a praise, biggest nuclear power, after some point it doesn't matter anymore, both US and Russia can destroy the world by themselves. (also note that warheads on wikipedia doesn't track MIRVs, each of those can split off in space and target multiple cities on reentry) In NATO there's also France/UK that can destroy Russia by themselves.