- Russia’s yuan reserves are nearly depleted due to Chinese banks’ fear of US sanctions.
- Lenders have urged Russia’s central bank to address the yuan deficit, causing the ruble to drop.
- China’s hesitance stems from US threats of secondary sanctions over Russia’s Ukraine war financing.
The alternative is usually waiting until the other side goes too far and you have to go to war.
Though in Russia’s case, that would take 5 minutes before they bombed their own kremlin by mistake.
I’m interested in examples not hypotheticals.
Hitler, the Sudatenland, WW2.
Do you mean the lack of sanctions was responsible for WWII? Quite hard to see what sanctions could have been put in place without globalisation as we see it today.
The lack of response was responsible for WW2.
So maybe the true lesson is that we need to get even more involved on the ground in Ukraine.