When we look at the economic effect that sanctions have on countries because of how specialized some technology happens to be, Elon Musks idea that 1 million might be enough for a self-sustaining civilisation on Mars seems questionable with near-current technology.
Sort of want to say it, but this is probably a worst-case scenario, and thus should set a upper bound here for sanctions with oil.
Yes, international sanctions have hurt, but Russia did most of the damage to Russia, and the idiocy of Russia’s economic policy was a big portion of why it’s economy is hurting.
The rational explanation is that Putin wants to destroy anything that could threaten authoritarianism long-term.
The chip sanctions against China are currently also in discussion and it’s interesting how many different countries are involved in the supply chain for that technology.
The problem that the United States has with the Jones Act is another example that shows the necessity of scale for the best modern technologies.
Sort of want to say it, but this is probably a worst-case scenario, and thus should set a upper bound here for sanctions with oil.
Yes, international sanctions have hurt, but Russia did most of the damage to Russia, and the idiocy of Russia’s economic policy was a big portion of why it’s economy is hurting.
The rational explanation is that Putin wants to destroy anything that could threaten authoritarianism long-term.
Russia is not the only case of sanctions.
The chip sanctions against China are currently also in discussion and it’s interesting how many different countries are involved in the supply chain for that technology.
The problem that the United States has with the Jones Act is another example that shows the necessity of scale for the best modern technologies.