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Are Russian Sanctions Working?
January 2, 2025 at 6:55 am EST By Taegan Goddard 6 Comments
https://politicalwire.com/2025/01/02/are-russian-sanctions-working/
"SNIP................
New York Times: Predictions in the early months of the war that economic restrictions would soon undermine President Vladimir Putins regime or reduce the ruble to rubble did not pan out. Mr. Putin remains entrenched in the Kremlin, and his forces are inflicting punishing damage on Ukraine and gaining on the battlefield.
Yet the idea that economic sanctions could bring a quick end to the war was always more a product of hope than a realistic assessment, said Sergei Guriev, a Russian economist who fled the country in 2013 and is now the dean of the London Business School.
A better measure of success, Mr. Guriev said, is to ask whether sanctions hampered Moscows ability to wage war effectively. And the answer to that, he and several other analysts argue, is yes.
................SNIP"
Omnipresent
(7,498 posts)Nor is the cancer Putin is to be supposed to be dying from.
We keep being fed fake news, because none of it pans out.
Bernardo de La Paz
(60,320 posts)Amishman
(5,934 posts)Russia is increasingly dependent on China for drones and electronics, Iran for drones, N. Korea for men and munitions.
If Russia loses the ability to pay, those supply lines dry up and Russia's military implodes.
Omnipresent
(7,498 posts)We dont even want to think of anyone, even a ruthless dictator as getting cancer and having to go through that ordeal.
Bernardo de La Paz
(60,320 posts)Omnipresent
(7,498 posts)Bernardo de La Paz
(60,320 posts)The rumours reported in tabloids haven't panned out so far and thus are unlikely to be true any time soon, though Putin is going to die at some point.
So, rumours or fake, either way it doesn't much matter since it can't be depended on or acted on or used in reasoning about Putin or Russia.
Omnipresent
(7,498 posts)I guess her sources for information are dicey at times.
Bernardo de La Paz
(60,320 posts)Omnipresent
(7,498 posts)Many times she will tell a story that will unexpectedly lead into her main story.
ck4829
(38,031 posts)LetMyPeopleVote
(181,307 posts)GoCubsGo
(34,980 posts)The same goes with having to empty out your prisons, and promising debt relief to your citizens, in exchange for enlisting. Never mind that they never bothered to ascertain that their equipment was maintained and in good repair, which much of it was/is not. The same goes for the spare parts. Invading Ukraine was an epic blunder on Pootie's part.
LetMyPeopleVote
(181,307 posts)maxsolomon
(39,014 posts)What is the exchange rate to China's currency? Iran's?
DFW
(60,367 posts)About 76.5 Rubles to the dollar in January, 2022.
Now around 113.5 to the dollar, so it takes 50% more rubles to buy a dollar now. And that's just the supposed international market. When I was there last, you could always get a better rate on the open markets (though that is forbidden, so beware of someone approaches you and offers it).
harumph
(3,359 posts)about as well as can be REASONABLY expected. They aren't a total solution - that much should have been obvious.
Typically people that say sactions haven't worked have an agenda IMO. Their argument rests on alleging that unrealistic goals
for sanctions were the consensus opinion and then say "Look! The sanctions aren't working!" It's a straw man argument.
Johonny
(26,465 posts)Yeah, they are pouring a lot into that war and it is diminishing other expensive things. They barely beat New Zealand in launches last year. They are now way behind the US and China.
