AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Sanctions and the Global Economy
The success of sanctions depends a lot on the global economy. Some countries are much more connected economically than others. The united states finds it so easy to use sanctions because it has a global currency almost everyone uses, but it doesn't directly trade with many countries around the world. And that's why they're much more hesitant to use sanctions. Because when you do impose sanctions, you basically cut in your own flesh. You very quickly impose damage and costs on your own economy as well as those of the target. And the us Doesn't really have that problem. It has a really big domestic market,. mainly is by its own consumption, and it finds it much easier to do. i think what