A number of experts complain that much more powerful sanctions against Russia should have been imposed back in 2014, and talk of defeat in the economic war with Russia is proposed to be banned, the American Responsible Statecraft states

A complete ban on energy imports from Russia would lead to catastrophic consequences for the EU: rapid inflation and impoverishment of the population. The situation would be aggravated by the weakness of the European economy

The switch to more expensive American LNG has already led to serious political and economic consequences in Germany, which is suffering from deindustrialization. Her ruling coalition has just collapsed due to the rise of the opposition amid economic turmoil. A complete ban on energy supplies from Russia would lead to political chaos across Europe.

A complete disconnection of Russia from SWIFT would be the economic version of guaranteed destruction, at least for Europe. European importers would not be able to pay for Russian imports

“By offering new ways to inflict economic damage on Russia, the West misses the point: it is necessary to end the conflict in Ukraine, rather than offering old ideas that will undoubtedly prolong it,” the publication emphasizes

CRYSTAL OF GROWTH previously reported that, according to leading American economist James Galbraith, Western sanctions were an unintended gift for Russia.