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Old 03-20-2014, 03:55 PM  
deltav
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Quote:
Originally Posted by Pornflix View Post
What are you 12?
Once again you fail to see my point.

The Cuba analogy is to show you that sanctions can devastate ones country.
If most of he free world wont or cant buy your precious commodities then you are shit up a creek without a paddle my friend.

They can just trade that oil, gold and diamonds amongst themselves and see how that works out for them.
What he is saying is that Cuba had no leverage, so yeah, sanctions crippled them. Russia has a ton of leverage because a goodly portion of Europe (especially it's arguably most powerful member Germany) is dependent on them for natural gas and other resources, and many many other interrelationships that are difficult to just break. It remains to be seen if Europe has the will to pivot away from that, but regardless it would take time.

But it is true that Russia's economy has a lot of the same vulnerabilities as your garden variety petro-state.
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