Originally Posted by
Loki
Russia has seriously overplayed its cards. All the leverage is in American and European hands. Any threats Russia is making are borne out of weakness and would harm Russia more than it would the West. The EU and the US should call the Russian bluff. Enact sanctions. Winter is almost done and demand for gas will go down. Russia also can't reroute its gas on such short notice. If it stops supplying the West, it will go bankrupt within a year. If the markets sense that the Europeans aren't joking, the Russian ruble will collapse, as will the Russian stock market. Russia isn't Iran or North Korea; its economy is dependent on international trade and investment. It wouldn't be long before we start hearing serious grumbling in Russia over whether this is all worth it.