Analysis |

Putin Is Destroying Two Countries. Only One of Them Can Stop Him

While the Russian military is bombing Ukraine, international sanctions are crushing Russia's economy. The unspoken hope in Western capitals is that Moscow's generals, oligarchs and spy chiefs will reach a breaking point

alon pinkas
Alon Pinkas
alon pinkas
Alon Pinkas

“Banks not tanks” is a catchy phrase that encapsulates how the West is waging a devastating economic war against Russia, crippling its economy and isolating it in unprecedented ways in modern international relations. But “banks” may not be enough to change Vladimir Putin’s increasingly erratic cost-effectiveness calculus.

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