Berkeley foreign policy expert weighs in on Russia sanctions

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Berkeley foreign policy expert weighs in on Russia sanctions
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Russian foreign policy expert, Steven Fish, says he's worried that the sanctions may not be enough to stop Russian President Vladimir Putin.

"America stands up to bullies," said President Biden. "This is going to impose severe costs on the Russian economy, both immediately and over time."

"If you’re excluded from Swift, it’s very hard for businesses to operate and for banks to move money. That could potentially cause a financial panic in Russia," said Fish. "What Putin is counting on is that we are so soft, that we’re not willing to sacrifice anything in the way of material discomfort," said Fish.

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