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This isn't remotely the first since WW2. There were near universal sanctions of South Africa in the 60s due to the apartheid there, for example.


We have had sanctions before, but at this level? It's pretty much unprecedented.

Usually sanctions are a bit of this and bit of that, just enough to put pressure on the politicians. Now we have companies left and right refusing to do business with Russia, all their foreign money is frozen and billionaires are getting their yachts taken from them. They can't even sell their oil anywhere, not even at a discount. (Although it seems Shell bought some, let's see how the fallout from that decision turns out).


Are you sure you don't mean the 80s?


Yeah, you're right. The arms embargo started in the 60s but sanctions didn't really hit broad buy-in until the 80s.




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