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Why Sanctions won’t Work

We really want this to work. Tighten the screw on Russia with sanctions, hoping it will hurt so bad it brings change. Sorry, but it’s a pipe dream. Sanctions are necessary, but they don’t work. Here’s why.

Illustration © alexlmx/stock.adobe.com

The media make it sound like heavy strong-arming: Not even the central bank can function because of the sanctions. Huge funds and equities are cut off from their Russian owners, being it individuals, companies…

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