In my view this is the most profound outcome of the war. The west had positioned itself as the most successful economic bloc in the world that everyone aspired to. The economic war completely destroyed this image, and on top of it Russia showed that you can not only get by without the west, but actually thrive. As we see blocs form around G7 and BRICS, it's becoming increasingly clear which bloc has a more successful model.
For sure, although it's pretty clear that US couldn't even break Cuba which is a small island that's been under blockade for decades. Why they thought they could break with sanctions Russia is beyond me.
When you ban your enemies from participating in neoliberalism and their economy improves as a result.
In my view this is the most profound outcome of the war. The west had positioned itself as the most successful economic bloc in the world that everyone aspired to. The economic war completely destroyed this image, and on top of it Russia showed that you can not only get by without the west, but actually thrive. As we see blocs form around G7 and BRICS, it's becoming increasingly clear which bloc has a more successful model.
I think you do need a starting point of existing industry to do this. Sanctions probably would work better on countries without food security.
For sure, although it's pretty clear that US couldn't even break Cuba which is a small island that's been under blockade for decades. Why they thought they could break with sanctions Russia is beyond me.
Only "non-aggressive" tool in their arsenal
true