With the invasion of Ukraine by Russia now a bleak reality, all eyes are upon the European Union and the United States to see how broad and punishing the economic sanctions for this attack will be.
Remember that the collapse of the Soviet Union was caused by the collapse of the price of oil. It is possible that increased trade with China may offset the economic losses imposed by western sanctions, but Russia’s enlarged military expenditure is very expensive.
Consider the possibility that Putin believes he can hold out for two years, after which time he expects the Republicans to control the US government and that NATO will be unsupported again.
Sanctions have many functions; they can degrade.or disrupt the functionslity of many 21st Century systems kinetic or digital; Sanctions can also be punitive. Democracies must re-organize to address global realties.
Remember that the collapse of the Soviet Union was caused by the collapse of the price of oil. It is possible that increased trade with China may offset the economic losses imposed by western sanctions, but Russia’s enlarged military expenditure is very expensive.
Consider the possibility that Putin believes he can hold out for two years, after which time he expects the Republicans to control the US government and that NATO will be unsupported again.
Sanctions have many functions; they can degrade.or disrupt the functionslity of many 21st Century systems kinetic or digital; Sanctions can also be punitive. Democracies must re-organize to address global realties.
Gospodi pomiluj. Gospodi pomiluj. Gospodi pomiluj.