My sense is this was a product of the times in which there has been a real build-up of fear mongering and the overt pressure of armed men. There is nothing quite like a gun in your face.
West Rejects Crimean Vote
The United States and the European Union have described the referendum in Crimea as illegal and in violation of Ukraines constitution. US and EU officials reacted quickly. They ordered travel bans and financial restrictions on 28 Russian officials and four Ukrainians. US officials have described those targeted as President Putins cronies.
Matthew Rojansky says that, for over a year, Mr. Putin urged top Russian officials to sell their international holdings and bring their wealth back to Russia.
Anybody who has complied with him is sitting pretty and doesnt have to worry about the international sanctions, and anyone who didnt - well, its their problem; he can cut them loose.
Sanctions Not Strong Enough
He also believes the current sanctions are not strong enough.
I dont think Putin believes us. I dont think he thinks we actually have the guts to impose really biting sanctions on, for example, the energy sector. I think he just distrusts our resolve because we havent made it clear that we are willing to pay the pain on our side.
Robert Legvold of Columbia University believes stronger sanctions could hurt the world economy.
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