When she shows the map of countries sanctioning Russia, you can see that most of the world isn’t participating. I don’t think the sanctions will produce any outcome except make Russia more independent.
I think the other important outcome is that the sanctions are a catalyst for a new economy emerging outside western control. Russia is just too important of a resource exporter, and now that countries can’t trade with Russia using SWIFT, we’re seeing now ways of settlement being developed. However, these will not be restricted solely to trading with Russia going forward. Western sanctions on Russia ended up undermining one of the most powerful tools of coercion that the west had at their disposal.
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