this post was submitted on 07 Sep 2023
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Reading this after watching a video about how the Russian economy is humming along instead of collapsing makes me think there's a class of people informing Biden that are idiots. Sanctions diplomacy once again accomplishes barely anything. I can't believe people are getting paid for such shitty advice.
Source?
It's a YouTuber, Reallifelore, Why Russia Isn't Actually Collapsing. He mentions Russia is running a big deficit, but that's not the economic collapse that was predicted.
"humming along" is very different from "not collapsing".
It's running and stable enough to avoid a collapse. It's not even close to a collapse. That's the situation.
Here is an alternative Piped link(s): https://piped.video/watch?v=0T7Itt9mqtA
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source, check me out at GitHub.
Sanctions diplomacy is counterproductive. Globalization worked by making countries too interdependent to fuck around.
Now? China's domestic technology capability is growing at an astonishing rate.
The sanctions regime was effective at one time, because America basically had a stranglehold on the world economy. Sure, sanctions never caused a regime change in Cuba or Iran, but those countries were economically devastated and that was the actual goal.
Things have changed. As dedollarization and multipolarity become dominant, all sanctions are doing is accelerating dedollarization and multipolarity. America is now hurting itself with its sanctions regime as much as its enemies, and it's only going to get worse.
China can't be stopped. 😊