Sanctions always fail, as the Chinese found out long ago.

It is the macroeconomic course of Western nations, and above all the United States, that has become the root cause of most of the current problems.

In his State of the Union address, President Biden announced that Russia was “isolated from the world more than [it] ever has been.” He said that “We are choking off Russia’s access to technology that will sap its economic strength and weaken its military for years to come.”

To avoid sanctions, countries are actively reopening moribund routes and creating greater connectivity across the Middle East and Asia.

Rerouting of Moscow’s crude to India, China and Turkey has helped offset curbs elsewhere

Only a fool can’t see it: the sanctions against Russia only harm Russia marginally, but they threaten to permanently destroy entire key areas of industry and agriculture in Germany and all of Europe! Farmers in many countries are therefore taking to the streets with their tractors, supported by taxi and truck drivers, because they know that very soon we will not have enough to eat in Europe, either. Our life savings are being eaten up by inflation, which has also been exacerbated by the sanctions. The collapse into social chaos is imminent! And for developing countries, the sanctions mean starvation for hundreds of millions of people!

America and its allies are committing geo-political suicide for no discernible gain

By misjudging the size and importance of Russia’s economy, the West might have taken steps toward its own isolation

While China, keen to ward off US sanctions as long as possible, is lagging, its RIC partners Iran and Russia are doing the legwork to break the west’s global financial grip.

Jeffrey Sachs, a renowned Columbia University Professor of economics and former Special Advisor to three UN Secretaries-General, espouses views uncommon for the mainstream media in the West when it comes to the real origins of the ongoing crisis in Ukraine. Professor Sachs argues that peace negotiations in earnest should start immediately, proceeding from Ukraine’s neutrality and no NATO enlargement. He does not believe in isolating Russia, being convinced that Washington is undermining U.S. dollar worldwide prevalence by imposing sanctions on international payment systems. Finally, the famous academician and the author of many foreign affairs bestsellers maintains that the U.S. should respect the notion of a multipolar world with mutual respect for and observance of the UN Charter. Russian daily newspaper Rossiyskaya Gazeta reached out to Prof. Sachs, asking him to share some of his thoughts on the critical challenges that we are going through.