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A person who routinely murders or detains people who oppose him, even those in other countries.
Sanctioning the wealthiest person on the planet…
Wealth stops making sense for heads of state because it's wrapped up in politics and tradition. Vladimir can't come to Austin Texas on a whim and buy himself a mess of grouper and bourbon. I can. I'm here now. I traveled here from Toronto on a whim. Is he is wealthier than I am?
The answer is still obviously yes, but it starts to get fuzzy vs people like Elon Musk who have functionally more freedom and massive amounts of assets.
Not like I'm satisfied though, what's happening there is an unimaginable crime.
It's unknown how rich Vladimir Putin is exactly. It's suspected he may be the richest person on Earth with a net worth in excess of $200 billion however. Sanctions against Russia are completely ineffective because the US and the EU are unwilling to include things that would actually hurt Russia, namely access to the financial system (ie SWIFT), energy exports (because Germany in particular is dependent on Russian nat…
That's the reason it won't put troops in now (and the reason anyone asking for that now is insane), but that wasn't the reason it couldn't put troops in 4 months ago.
Note that Russia is about to border NATO across its entire eastern border. This puts two nuclear powers directly staring eachother down at a border.
If Russia grows truculent over, say, Estonia, it's unlikely that the US response will be withdrawing troops from it.
Sanctioning the wealthiest person on the planet…
Wealthier than the Queen of England? Wealthier than the Saudi Royal Family? Wealth stops making sense for heads of state because it's wrapped up in politics and tradition. Vladimir can't come to Austin Texas on a whim and buy himself a mess of grouper and bourbon. I can. I'm here now. I traveled here from Toronto on a whim. Is he is wealthier than I am? The answer is still obviously yes, but it starts to get fuzzy vs…
Also, from what I have read, the estimates of her wealth doesn't even make her a billionaire.
Can someone explain whether this has a meaningful effect on those that are targeted?
Longer term? Maybe. Enough pressure on those in power will erode Putin’ support base. Cut off enough of his wealth and he’ll have a harder time holding on to power.