How Effective are Mordor’s Sanctions and What are the Consequences?

What exactly are the sanctions the US imposes on countries it deems “unfriendly”, in this case Russia? Among other things these sanctions cut access to imports and exports and also limit access to foreign exchange. What have been the consequences to Russia and what has been the blowback on the United States? Political economist Jack Rasmus gives an hour-long talk on this issue at the Marxist library in Oakland California followed by an hour of questions and answers.

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