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Sanctions should be increased even further. Russia experienced the sanctions following the Crimea annexation and scoffed. Due to that, they have been emboldened
by jmpman 5y ago
Sanctions should be increased even further. Russia experienced the sanctions following the Crimea annexation and scoffed. Due to that, they have been emboldened and attacked Ukraine. Now the sanctions should be tough enough that Russia, with the prospect of changing the plutonium cores of 5000 weapons every 10 years, or doing something else, will decide to do something else. Painful enough that the engineers designing their air defense systems decide to move to other countries.
Russia has built up their currency reserves by shorting pensions of their retirees. The reserves were intended to survive the impending sanctions. Russia will be forced to fund their pensioners, drawing down that reserve.
- zardo 5y agoPainful enough that the sick and poor can't get medicine and food?
- jmpman 5y agoAsk the people in Ukraine. Russia has a huge reserve. They can provide social services to their population.
- gutitout 5y agoRussia did not invade Ukraine because of sanctions. I don’t know why you think that.
- jmpman 5y agoThe sanctions following Russia’s invasion of Crimea were not sufficient to deter Putin from attacking Ukraine. Russia calculated the pros/cons, and determined that the west would not impose significant sanctions, reducing the potential costs. The west should cut off all oil/gas from Russia, and sanction anyone who purchases oil/gas from Russia.