68 - How Effective are Economic Sanctions?

War is an increasingly complicated operation, and these days most battles are fought on excel spreadsheets as much as they are in the field. The US has just launched a barrage of sanctions against long time rival Russia, a far bigger fish than the usual target of such an economic attack. When the US sanctions Venezuela or Iran the blowback domestically is minimal, but what happens when sanctions are applied to a major economy what will the result be? Will this be the action that shakes the US's economic hegemony? Joining us this week is  - William Reinsch (CSIS) - Kate Bauer (Washington Institute) - Chris Miller (Tufts University) - John Parachini (RAND) Follow the show on @TheRedLinePod Follow the Michael on @MikeHilliardAus For more info please visit - www.theredlinepodcast.com Learn more about your ad choices. Visit megaphone.fm/adchoices