In trying to assess impact of sanctions on Russia we need to distinguish:
1. Financial crisis
2. Specific shortages
3. General inflation squeeze on incomes
4. Impact on GDP growth
5. Possible political shock.
Etc.
Latest Chartbook #93 takes stock
adamtooze.substack.com/p/chartbook-93… https://t.co/YVFEityh7B
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