Wednesday, July 02, 2008

sanctions are stoopid

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What Simon Jenkins says. Particularly this:

"The only clearcut case of a sanction working was the US's sabotage of sterling during the 1956 Suez crisis. It was effective because Britain was a democracy whose government knew it could not survive a collapsing currency. This is the true paradox: to be susceptible to such pressure a state must have a responsive government, but then such a government should not need sanctioning."

He rules.

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