How four U.S. presidents unleashed economic warfare across the globe
www.washingtonpost.com
U.S. sanctions have surged over the last two decades and are now in effect on almost one-third of all nations. But are they doing more harm than we realize?
  • ralphio@lemmy.world
    6·
    4 months ago

    The graph is really telling. More sanction than ever and the US has maybe never seen it’s enemies and nonaligned states more cooperative (atleast since the days of the USSR although that’s debatable). This is probably the biggest shortcoming of the Biden admin foreign policy, the rise of BRICS and stuff like that.

    ETA: biggest shortcoming strategically not morally, that would be Gaza obviously.

  • treadful@lemmy.zipEnglish
    41·
    4 months ago

    And some of critics’ worst fears have not materialized: The dollar remains the world’s top reserve currency, at least for now.

    Imagine throwing this advantage away. As an American, this has no doubt been beneficial to me and I think it’s dumb to just throw that away for short-sighted gains. Though maybe decentralizing the banking system a bit more would be a greater good in the long run for everyone.

  • PolandIsAStateOfMind@lemmy.ml
    2·
    4 months ago

    Rookie number, whomever gets into White House now should sanction evern more. In fact, USA should sanction every single nation on Earth at least like Cuba.

  • BilboBargains@lemmy.world
    21·
    4 months ago

    Step aside Russia, Libya, Syria, Venezuela, Iraq, China, Cuba, Al Qaeda and ISIS, America is yet again demonstrating it is the real global terrorist threat.