this post was submitted on 07 Sep 2023
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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. 😊