Paphitis wrote:No I'm not suggesting such a thing.
But I am suggesting that the average Texan is much wealthier than the average Russian, earns higher salaries, has bigger savings and spending power and are more than likely to spend more on European luxury cars, and not to mention, American luxury cars as well, like the wonderful Silverado. Seems to be a favourite in Texas and who can blame them?
I'm also suggesting that the Russian economy is about the same size of the Texas economy. That's just 1 state of the USA. So their economy, is most certainly a lot more vulnerable to sanctions than the US. But pootin doesn't care if Russians die of hunger.
Now that you agree that GDP has almost no relation to the Standard of living -otherwise we in Cyprus should be still living in caves- let's go a few steps further:
Is Russia really such an insignificant nation having about the same GDP of Spain?
Why does Russia have such an overwhelming conventional military force, let aside the biggest nuclear arsenal in the world? Does the huge size of Russia, it's huge natural resources, have any effect in making it a superpower?
Make no mistake. Russia is a superpower, and does not depend in forcing the whole world in using the petrodollar for energy transactions to keep it's economy going more and more in debt.
For the sanctions to have any effect, there must be someone who will force the whole world to impose those sanctions. Who is that someone who will force the whole world to do it???
Hint: Turkey already refused. Serbia already refused. Germany, Italy, Hungary etc already refused to cut Russian gas. The whole Asia, Africa, Middle East already refused.
Forecast: Every possible "sanctioned" goodie, will be available to consumers in Russia in no longer than 6 months . Now it's your turn to do some brain exercise and find out how.