Russia has “considerable firepower” and it’s dangerous to talk about defeating the country, Jeffrey Sachs of Columbia University said.
But Russia has a strong military and more than a thousand active nuclear warheads, Sachs pointed out.There's no off-ramp from the"clear U.S. war aims" at this point, and that is a dangerous situation, said Sachs.
"I've lived through decades of reckless U.S. foreign policy, U.S. bravado, and I'm afraid that we're at it again," he said."I believe that the dangers are very high and that there's a lot of naivete right now and Ukraine has bought into it." There could be a lot of destruction, loss of life and"tremendous danger for the whole world," including in the form of economic spillovers, the professor said.makes it difficult to reach a negotiated outcome, and that it brings NATO and Russia"right to the knife edge."Michal Baranowski of the German Marshall Fund said NATO's potential expansion to the Nordic countries decreases the chance of conflict with Russia.
Instead, if countries such as Finland and Sweden are not part of the alliance, Russia is more likely to have a confrontation with them, he told CNBC's"Bringing Sweden and Finland [into NATO] makes our alliances more secure and military confrontation with Russia less likely, even though it's clear that Russia, of course, will not like this," said Baranowski, a senior fellow.
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