"They'll put in sanctions. They will probably hurt Russia significantly. I think for Putin this is more about honor, and thus any sanctions will probably not be enough by themselves to force Russia out."
Sanctions will have no effect on Russia. Think about it - what physical items does Russia need to obtain that it cannot produce itself or obtain from China.
What physical items does the West need from Russia - gas and oil because the 'net zero' belief in the West has stymied their ability to obtain energy domestically.
If you don't pay the gas bill then you get your gas cut off. If the EU stops transacting with Russia, then it can't pay its gas bill either. And the result will be the same.
The belief in the power of money in the West will be its downfall. Putin doesn't need the West's money. He has as many roubles as he wishes to deploy and the ability to impose whatever level of tax in roubles is required to ensure people sell their labour and output to him within Russia.
War is funded by manpower, energy resources and industrial production, not by US dollars.
Sanctions will have no effect on Russia. Think about it - what physical items does Russia need to obtain that it cannot produce itself or obtain from China.
What physical items does the West need from Russia - gas and oil because the 'net zero' belief in the West has stymied their ability to obtain energy domestically.
If you don't pay the gas bill then you get your gas cut off. If the EU stops transacting with Russia, then it can't pay its gas bill either. And the result will be the same.
The belief in the power of money in the West will be its downfall. Putin doesn't need the West's money. He has as many roubles as he wishes to deploy and the ability to impose whatever level of tax in roubles is required to ensure people sell their labour and output to him within Russia.
War is funded by manpower, energy resources and industrial production, not by US dollars.