Russian Sanctions

People in our government are calling on further sanctions on Russia.

Then again, our government is threatening most of the countries on the planet with some form of sanctions. What’s new?

Let’s take a look at sanctions. How they work in the real world and what the effects are in the broader perspective.

Sanctions are not a magic wand. They do not happen in a vacuum. They have real effects and real consequences not only to the country being sanctioned but to their trading partners.