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The thing I don't understand about these sanctions is - aren't they meaningless when it comes to shaping policy? Russia is not a democracy - Putin doesn't need the support of the targets of sanctions to act however he wants; Russia controls the energy supplies in Europe and sits on a huge pile of currency - hitting them economically will hurt Europe much more than Russia.


Putin depends on the support of the oligarchs that are the targets of the sanctions (it is believed).


Yes, but apparently some of those are soft-walked because the banks and other creditors of Russia are afraid they won't get their money back. As if that should even be a concern at this point.




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