Comments by "Paul Aiello" (@paul1979uk2000) on "Have Sanctions Actually Helped Putin?" video.

  1. I think what some might not understand is that these sanctions are a long term thing, on the surface they might look like they've failed short term but the west is thinking big picture with the long term goal, we should also remember that sanctions are not usually that effective early on and can take 2 to 3 years to really hit hard. I have a feeling that the west is waiting for European countries to diversify away from Russia oil and gas enough before doing the real damage to Russia, once European countries are not buying or have reduced buying oil and gas from Russia, that will have a big impact on them, but it goes further than that because the west isn't doing this only for the likes of China, India and others to prop up the Russian economy, in other words, the west is likely going to go after China and India, maybe with tariffs on their goods as a percentage of how much they are profiting on cheap oil and gas from Russia, basically to wipe out that advantage, both countries trade far more with the west than with Russia, the west can afford to find alternative cheap labour whereas they can't afford to find other rich markets. The end result is simply, to isolate Russia from the rest of the world and I've been hearing that the west is going to be arming Ukraine a lot better from November onwards, that's just going to add another cost to Russia and let's not forget, Russia is hurting quite bad even now, that's only going to get worse going forward. Also, let's not forget the long term implications of Putin's actions here, he's made energy a political weapon, that in term has made energy a security issue, that's really bad news for the fossil industry long term, yes they might profit more in the short term but longer term they could lose trillions as this is likely going to push western countries to find alternative energy sources but more importantly, generate a lot more in-house, basically, Putin's actions might have shortened the fossil industry by a decade or more which is worth trillions and the longer the oil and gas prices stay high, the better as that means the change away will happen sooner rather than later, the public won't put up with high prices long term before real political pressure builds on governments to change, the change to alternative energy sources has always been foot dragging, the political pressure will change all that and that's really bad news for the fossil industry, basically, it's in the fossil industry to stabilize things sooner rather than later before real change picks off but it might be too late for them already.
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