The History of Sanctions
dissentmagazine.org
dissentmagazine.org
I can discern exactly one testable hypothesis from this: that the US would be more willing than Europe to impose sanctions. This idea has already been proven to be wrong.
For an example that seems much closer than the current situation, including public pressure campaigns against individual companies, see South Africa, described in the same magazine: https://www.dissentmagazine.org/online_articles/when-polaroi...
Capable of yes, willing to no, but at this point it may not be up to them; if Russian logistics fails, people may starve before it's even known.
Per Kremlin new-speak, it is 'special economic operations'.
I think North Korea has some comparability - the West provides aid in spite of an antagonistic ruler. But in similar vein the West would prefer both rulers to spend more time working for their citizens’ economic wellbeing than on militaristic projects.
Is there evidence of that?
Suppose for a minute that the NK regime was not crazy and only tried to pursue Communism. Then they would be similar to all the other Socialist/Communist states that the West wants to fail so that it can point to them and say that Socialism/Communism doesn’t work.
Incorrect - the US is more willing to impose a ban on Russian oil. This supports the hypothesis.
Famine WILL happen..... Russia and Ukraine produce much of the worlds grain.(And Russian gas is massively used to manufacture fertilizer)
Russia and Ukraine together account for around 30% of internationally traded wheat.
Source: https://www.bbc.co.uk/news/uk-scotland-60644376
If this war is not stopped immediately, the world will experience a drop of global supply between 10 per cent to 50 per cent of major agrarian products including wheat, barley, corn, rapeseed, and sunflower oil
Source: https://www.ft.com/content/02095093-329b-4b66-9f80-13d073500...
Their GDP was on par with Spain (a country of far smaller size and natural wealth), but is fast approaching that of Portugal.
I mean, look at the flight of skilled workers out of their country, and the ruble halving in value in the space of a month.
Russia is big and I'm confident they have most resources needed to build their own tanks and the like without any foreign imports. But that's a gut feeling.
The tank factories still exist, and the workers there still have jobs and can still make tanks. As long as they still get food and raw materials more tanks will come off the line, and Russia nowadays has enough food and plenty of raw materials.
The Ruble will buy less on international markets, but it still buys stuff within Russia. There will be severe inflation, sure, but that just means people will prioritise food and other essentials. As long as there are enough of those they can still work.
They're advanced alloys, a ton of electronics, etc.
Russia can't make all of that at the same level as the rest of the world combined.
Similar story for almost every advanced military product. And for civilian products.
The Russian population is in for a world of hurt.
China might decide to have a proxy war with the west via Russia. Or maybe not. Since The world is coming together hopefully discouraged shenanigans.
This is kind of similar to how Vietnam was a proxy war between the US and Russia.
edit: actually even Western media aren't doing good job, reporters are scared and shit themselves afraid of Russian fire strikes and don't go into areas where most of the fighting happens, some Czech media and other small nations do but that's it.
That said.
He’s a symbol of freedom and hope against oppression that many people need right now.
Let the people have their hero for now.
What is exactly? Most of the time he just asks the World for help, do you mean it's not genuine!?
Right now they don't have to, they just need to replace things at the level as Ukraine with just a little help from others. That is much more manageable than “the rest of the world combined”.
> The Russian population is in for a world of hurt.
Which Putin will blame on the rest of the world. While many in Russia are well aware that state run media (and anything else not banned) is often a pile of lies from on high, an awful lot of the general populace are not – disinformation from the top works (and not just in Russia & similar regimes, cf. the cult of Trump) and failing that many people who don't believe the official line will keep quiet about that for reasons of what continued quality of life is possible.
> The Russian population is in for a world of hurt.
The military will do OK for a while at least though. They haven't sent over the majority of their equipment, they'll have plenty in reserve and raw materials for making at least some more. Sales of oil & gas can be funnelled into buying more from outside if needed (massive exchange rate differences don't matter as much if export payments almost immediately go out on import payments, or they can start trading more directly if they have a willing trading partner (China perhaps?)).
Really? I thought they sent in like 75%. Here's their current reinforcements (see the Z letters): https://v.redd.it/qadkws73hwl81/DASH_720.mp4
I could be wrong of course. This isn't the first time I've heard the figure, but 75% seems rather a lot to have dedicated to this action at the outset. Do you have any reference for that figure?
If so, I have given Russian military strength far too much credit.
That's the big unknown. What part of their reserves is usable? We've already seen they are sending over 40 years old equipment from the Far East a few days ago.
They are still trading with China, India, Brazil, Mexico and a few other large countries... it's not exactly the whole world against Russia (if you include China and India as at least being neutral, that's already more than half the world population NOT against Russia).
And if sanctions truly kick in, Mexico and Brazil especially won't be trading long with Russia...
Could you please clarify if this has a meaning other than the mathematical meaning?
The ruble was 0.013 USD on Feb 7, and is 0.010 on Mar 8. Per my math, it has lost 23% of its value, not 50%.
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.
And basically forget the last 4 countries the US sanctioned: Venezuela, Iran, Cuba, North Korea.
These countries are basically failed states and cease to exist international and have basically zero power over their neighbours, and all US goals were achieved with the sanctions:
South America didn't became communist, South Korea and Japan are still there and way better than North Korea, Iran didn't obliterate Israel, etc, etc... Venezuela doesn't have technology to extract half the oil anymore (check they oil production).
I hope Russia goes the same way.
And I really don't understand why no one talks about the sanctions in Venezuela and Iran, being Iran in population +- half the size or Russia, so not a small country.
Anyway let's see what happens with the Russian economy after 10 years of sanctions.
(And also to disable their ability to use nukes against USA).
I would say goals were accomplished. We really don't know the state of nuclear missiles there and I could bet they are not in any very good shape...
Truly, "nukes against USA" is much more ridiculous than Russia's excuse of invading Ukraine, that it is threatened by NATO expansion.
Russia is threatened by NATO expansion as much as I am being threatened right now of being attacked by a rabid bear
Why do you think so?
The world is much more interconnected today, so sanctions have more power.