"Sanctions never deter": The whole Sanctions Backfire Spiral is already much in Sight

President Biden suggested Thursday that sanctions were not meant to deter the actions of Russian President Vladimir Putin, telling reporters now that "sanctions never deter."

The sanctions imposed on Russia have already caused price hikes and shortages of fuel and electricity and the risk of famine in many countries in view of the threats to international food security, although Russia has in fact taken no active countermeasures yet, the director of the Russian Foreign Ministry’s economic cooperation department, Dmitry Birichevsky, said on Friday.

"Although Russia has not taken any retaliatory measures in practice yet, the key influence of the whole sanction spiral is already much in sight: soaring energy prices, electricity and fuel shortages, threats to food security and the risk of famine in many countries," Birichevsky said on the Rossiya-24 round-the-clock television news channel on Friday.

He believes that the architects of these restrictions "are not quite aware of the degree of Russia’s involvement in the global economy."

"Apart from Russia’s well-known contribution to energy and food supplies the domestic businesses are actively involved in many production chains in which it is extremely difficult to find a substitute for us, if at all," he stressed.
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1. Biden: US, NATO Allies to Revoke Russia's 'Most Favored Nation' Trade Status:
(https://youtu.be/E0hq_W_C0OA)
2. Biden says the US will seize yachts and luxury apartments from Russian oligarchs:
(https://youtu.be/DfneC4CHfdo)
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3. Tulsi Gabbard reveals who Bidens sanctions really punish:
(https://youtu.be/nnqxZ1Uz-l0)