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An American economist explains why sanctions won’t bring Russia to its knees

by Editorial Team
July 3, 2023
in World
1 min read
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American economist Jeffrey Sachs, in an interview with the German magazine “Spiegel”, said that the sanctions against Russia will not achieve their goals and will only hit the West.

This American expert emphasized that the West does not trust the effectiveness of the restrictive measures implemented against Moscow.

“For myself, I expect things to develop differently: significant negative consequences for the economy of the rest of the world, except for Russia.”

The economist described the sanctions as a typical tool of US foreign policy, and the expert emphasized that, despite their frequent use, they are rarely successful in achieving their goals.

As an example, the expert cited the sanctions imposed on Iran, North Korea and Venezuela, which he believed “failed miserably”.

The American economist said, “We did not succeed in changing the ruling regimes there, and now we want to bring a much larger country to its knees. Russia is a very large country, it has 1,600 nuclear warheads, so it is a topic of discussion.” his knees look unrealistic and impossible to reach. I don’t know what’s going on in Who Invented It?’s head.

Jeffrey Sachs emphasized that Russia can easily circumvent the consequences and repercussions of the restrictions imposed on it.

Source: RIA Novosti

The Content is sourced from RT News (rt.com); each piece of Content all the Copyrights and Trademarks belong to their Rightful Owners and all Materials to their Authors. We have just Modified and Rearranged that in our platform for our readers.

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