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Originally Posted by RainMaker
Nah, the sanctions are weak. We still allow American companies to export goods into the country and they're forkig over billions into the Kremlin's pockets. There's been almost no attempt to stop their laundering of money through commercial real estate or fine the banks allowing it. And our "allies" in the Middle East are working with Russia to cut oil production to juice the price per barrel. Heck, our NATO partners are still buying billions in gas from them.
The sanctions were weak because they would slightly hurt some businesses. That's more important to politicians than this war you think is vital to our security.
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You may feel that way for those reasons, but the vast majority of economists I've read disagree. The long term outlook for the Russian economy isn't good. As I said, they've had to resort to the Soviet approach to prop up their economy in the short term to fund Putin's failed "military operation:. The Kremlin may still be doing ok, but what they're doing isn't sustainable and overall household consumption and the population is dropping.
Outside of a few limited examples, any tougher sanctions would require a global effort, which we can't force countries to comply with.