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#505

Stephanie Baker, Bloomberg News reporter and author of Punishing Putin: Inside the Global Economic War to Bring Down Russia, joins The Realignment. Marshall and Stephanie discuss the impact of the sanctions placed on Russia following the 2022 invasion of Ukraine, why initial claims of their impact on Russia's economy were overblown, the long-term costs of economic warfare on Russia's war machine, and the impact of the sanctions debate on a possible conflict over Taiwan. Subscribe to The Realignment to access our exclusive Q&A episodes and support the show: https://realignment.supercast.com/ REALIGNMENT NEWSLETTER: https://therealignment.substack.com/ PURCHASE BOOKS AT OUR BOOKSHOP: https://bookshop.org/shop/therealignment Email Us: [email protected] Foundation for American Innovation: https://www.thefai.org/posts/lincoln-... 0:00 - Introduction 1:01 - Economic statecraft 3:56 - 2014 vs. 2022 sanctions 6:41 - Are sanctions effective? 12:26 - Oil 17:02 - Semiconductors & Chinese 23:13 - Use of sanctions 28:33 - Where would Russia be without sanctions? 31:04 - Waging war as an autocrat 36:01 - Deglobalization 44:17 - Deterrence 46:41 - Russia in the 21st century