SANCTIONS I am not getting good info here. But do I correctly interpret that the

SANCTIONS

I am not getting good info here. But do I correctly interpret that the threat of further sanctions on Russia are working? I mean, the States is planning to cut Russia out of the international finance system. It will be nearly impossible for Russian firms to do business without the very high cost of circumventing that system (doing everything in cash with people who will accept their currency). Russian growth has dropped to zero in just two months.

I mean, if I’m Putin, and I think I can do it quickly, I take the hit and do it anyway, and apologize afterward. But if the Ukrainian’s run a civil war and it’s protracted, then it’s pretty unlikely that the Russian government can tolerate the economic isolation, without severely affecting the citizens.


Source date (UTC): 2014-04-18 07:18:00 UTC

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