The problem with Economic sanctions is that though they are better than sending soldiers in and starting a nuclear war between two or more nuclear armed nations, they also harm both the nations sanctioning and those sanctioned (in this case Russia).
If we look right now at how precarious the economic world is on most of the planet, the last thing Europe or Russia need right now is economic warfare. However, there they both are.
Even here in the U.S. we just came out of the worst economic times (causality wise) that were cause wise many times worse than the Great Depression. However, we just happened to have people that could find a way to help us through those exceedingly bad times who had already studied the great Depression in Detail so they could better compensate for the extremes we were going through as a country economically.
So, basically the U.S. lucked out completely this last time. However, we are not completely out of the woods even though we are the strongest economy right now in the world with the least amount of real problems.
So, if we look at China, Europe and Russia there are many problems that might not be addressed in useful ways.
Any one of these nations economic or other problems could richochet back upon us here in the U.S.
For example, right now Oil Sanctions are being applied against ISIL by the government of Saudi Arabia. But, look around at the effects it is having not only on oil prices around the world but also what it is doing to oil drilling companies and shale gathering companies around the world and also will do more of that in the future.
So, it makes me think about all the people who own oil stocks that might tank for a year or two until the oil prices return to "Normal?" I'm not sure what normal is now or would be by then because by then we will definitely be in a new normal...
Also, if all kinds of people and businesses around the world get too used to low oil prices they could be devastated in all kinds of ways when oil returns to whatever "Normal?" might be when it does eventually.
So, in the end whether it is oil economic warfare by Saudi Arabia to prevent ISIL From taking over their government or whether it is economic sanctions placed upon Russia by Europe, the U.S. and various other like minded countries, I'm concerned that all this economic warfare might just hasten a Great Depression that could in fact take out over time about 1/2 of the human race through starvation or worse.
So, I think that is my concern about now. Economic warfare or nukes, either one might take out 1/2 of the human race. (And then there's Ebola).
To the best of my ability I write about my experience of the Universe Past, Present and Future
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