@BenChu_ @jdportes @MKasyanov The issue is exactly how much supply is destroyed by the sanctions, whose supply and how much freedom is gained with exchange control measures.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v.
In 1994 Barry Posen devised a defense strategy for a newly independent Ukraine which envisioned a Manstein-styel flexible defense v. Russian attack. See Chartbook Newsletter