Sanctions could be viewed as punishing the Russian people — a perception that might fuel President Vladimir V. Putin’s narrative that his country is being persecuted by the West.Credit…Maxim Shipenkov/EPA, via Shutterstock WASHINGTON — The most punishing sanctions that U.S. officials have threatened to impose on Russia could cause severe inflation, a stock market crash and other forms of financial panic that would inflict pain on its people — from billionaires to government officials to middle-class families.
U.S. officials vow to unleash searing economic measures if Russia invades Ukraine, including sanctions on its largest banks and financial institutions, in ways […]
Click here to visit source. www.nytimes.com