VP Harris threatens ‘severe’ and ‘sweeping’ economic consequences for Russia over possible Ukraine invasion

President Joe Biden and his administration have been ramping up the rhetoric in recent days concerning a potential Russian invasion of Ukraine in a manner that, at times, seems almost as though it is intended to provoke a conflict instead of avoiding one.

Such was the case Saturday when Vice President Kamala Harris laid out in stark terms what the consequences would be if Russia took aggressive action against its neighbor, the Washington Examiner reported.

That would involve a “swift, severe, and united” response from the U.S. and its European allies, including the imposition of “significant and unprecedented economic costs” through sanctions as well as the bolstering of additional Western troops in and around the region.

Harris threatens Russia

Vice President Harris spoke at the Munich Security Conference in Germany on Saturday of the “dire circumstances” that threatened to end the decades of peace and stability Europe has enjoyed, and what the U.S. and its allies intended to do if that peace was ended by way of a Russian violation of Ukraine’s territorial integrity.

“I can say with absolute certainty: If Russia further invades Ukraine, the United States, together with our Allies and partners, will impose significant and unprecedented economic costs,” Harris vowed.

“We have prepared, together, economic measures that will be swift, severe, and united. We will impose far-reaching financial sanctions and export controls,” she continued. “We will target Russia’s financial institutions and key industries. And we will target those who are complicit and those who aid and abet this unprovoked invasion.”

In addition to those “sweeping and coordinated measures” designed to “inflict great damage” on Russia economically, Harris also alluded to the potential for military consequences, as “We will further reinforce our NATO Allies on the eastern flank” and are prepared to “defend every inch of NATO territory.”

Proposed economic sanctions could prove crippling

According to CNN, President Biden’s team is considering a range of economic retaliatory measures against Russia that could have some meaningful impact, including the possibility that individual sanctions could be applied directly on Russian President Vladimir Putin himself.

Even more consequential than that, however, is the idea of booting Russia from the global banking system by way of excluding that nation the high-security financial network known as SWIFT that connects financial institutions all over the world — an economically crippling move that would effectively block Russia from engaging in any financial activities or trade.

As for the threat of retaliatory military action, several thousand additional U.S. troops have been deployed to certain European nations, and thousands more stand ready for future deployment, and while none of those troops will be sent to fight inside Ukraine, they will be assigned to other nations on Russia’s border as a show of force.

Biden “convinced” Putin is about to attack

Meanwhile, while speaking with reporters on Friday, President Biden asserted — without evidence — that “Russian forces are planning to and intend to attack Ukraine in the coming week — in the coming days,” which would make Russia responsible for a “catastrophic and needless war of choice.”

He further stated that he was “convinced” — again, without any evidence aside from a vague reference to America’s “significant intelligence capability” — that Russian President Putin had already “made the decision” to invade Ukraine, with only the exact time and location still left to be revealed.

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