Wednesday, April 14, 2010

Sanctions!

The US and the West are always imposing sanctions on one country or the other for a multitude of reasons. Sanctions have never worked in the past. We do not remember a single instance where sanctions worked to achieve some goal but smart diplomacy surely works. America by isolating Iran is cutting itself off from a whole lot of other countries. More money to China the smartest nation today. China has so far been the second choice compared to the US for many but soon that will change with American attitude of shooting herself in the leg time and again. That China will agree to sanctions is very doubtful. Why would china withdraw from a market, it is establishing, to come back on a future date to compete with sanctioning nations? In the current scenario, Russia will make money on the sly, India will be assured future trade, while China will continue to flourish. It is not time for sanctions but a time for establishing markets.

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