Quote (dro94 @ Jun 13 2022 04:10pm)
Sanctions won't stop them directly, but it severely harms their war effort over the medium - long term when they can't import the technology to maintain and replace military equipment
We're not being hit just as hard. Russia's GDP will contract 10-15% this year, in the West we don't even know if we'll go into a recession, and if we do it'll be a small contraction. Inflation is mainly caused by money printer go brrrr when there was no demand, followed by a lack of supply when demand rebounded. The war in Ukraine and resulting sanctions on Russia are contributors that exacerbate existing macro problems, but they are not the cause
North Korea is a good example actually. Sanctions didn't stop them from developing nukes, but they severely impacted the DPRK's economy, which meant they couldn't invest as much into their nuclear program. They couldn't import key materials as easily and had to get creative in the black market. It took North Korea 11 years to test Hwasong-15, if there was a free market they'd have been able to do the tests a lot earlier. Hardly a silver bullet but arguably worth it...now imagine if their foreign currency reserves were frozen and they had no money to pay their military?
How much of their military equipment components are currently sourced from western sources that sanctions would impact? Maybe you have a source because I haven't seen decent analysis on something like this.
I agree that key high tech imports i.e. plane parts for Boeing or Airbus civilian aircraft and other similar things are going to be increasingly troublesome to source but IMO it won't largely impact their military hardware. Most of the stuff they are fielding now is and has been domestically produced there for decades.
This post was edited by ofthevoid on Jun 13 2022 02:57pm