Waiting for Sanctions to Stop Russia Could Go ‘Terribly Wrong,' Says Niall Ferguson
"The assumption that this is going to drag out, that the United States can sit back and watch the economic sanctions do their work may be gravely mistaken," Ferguson said."While the sanctions will start biting — perhaps can change Putin's behavior down the road — at this point, they cannot be relied on as an instrument to be used to stop the violence," said Ohanyan, a nonresident senior scholar in CEIP's Russia and Eurasia program.
"We'll sit there saying, oh, well the sanctions have really hurt Russia — but it won't matter to Putin because he will be able to claim victory. That for me is the nightmare scenario," he added. He said he believes that a deal can be made between Russia and Ukraine if Kyiv is willing to accept neutrality and take NATO membership off the table.
He said Ukraine understands that NATO doesn't want to accept it into the alliance, and the country will not beg to be allowed into NATO.
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