This will raise gas prices, and everyone in the world will feel it. And it will hurt - especially, as usual, low-income earners. But this has to be done. This will be highly unpopular in Asia. It's even unpopular in Europe where they have the most to lose from Putin running amok.
Germany, the biggest European economy, which just announced that it will completely overhaul the way it thinks about its defense spending and military policy, is far too addicted to Russian oil. Chancellor Scholz has rejected Biden's plan.
If the Europeans are that upset about something that directly affects them, you can bet that Asians are going to be up in arms. For a lot of Asian countries, Ukraine is on the other side of the planet. Russia's invasion of Ukraine doesn't affect us that much.
People are going to be irate that a European war that doesn't affect day-to-day life in Asia is affecting us and stymying our economic growth - much of which had been suppressed for the past two years because of the global pandemic.
But Asians must support pummeling Russia with sanctions - even if that means that our economic prospects will also take a huge hit. And that's because even if we don't feel that we are affected, we certainly are affected because Russia and China are two sides of the same coin.
Russia and China have been partners from the start. When the Russians attacked Georgia and Ukraine (the first time around), China was busy installing artificial islands in the South China Sea.
When Russia was busy propping up Bashar al-Assad, China was busy propping up Kim Jong Un and Myanma's junta thugs.
When Russia was buying influence in Europe and America, China was buying influence in Southeast Asia, effectively neutralizing ASEAN.
When Russia was using its vast oil reserves as a cheap drug to push around the junkie that is Europe, China was using its billion-strong domestic market as a lure to force everyone in the world to adopt China's interests as our interests.
Russia and China are two sides of the same coin. They are the 21st century's Axis Powers. Where one goes, the other follows.
China cynically says that we should abandon the Cold War mentality. But it is they who have brought back the Cold War.
Make no mistake about it. We are in a new Cold War. And from the looks of it, it's already deadlier and hotter than the First Cold War. Regardless, we have to win it. Already, Russia turned the Cold War hot and has made nuclear threats.
The last Cold War lasted decades. We must not let this one last as long. We have the chance to take Russia out of the Second Cold War by crippling its economy and hopefully forcing Putin to get ousted by his own people. We cannot allow him to limp away to lick his wounds.
Putin will come back if we let him. We must take him off the board and do everything we can to make the Axis weaker. Because if Putin is allowed to win, even if he is too weak to threaten anyone else for the foreseeable future, Xi Jinping will simply await his turn at the wheel.
Even if we feel that Ukraine's war isn't our war, it really is because it's merely a part of their plans. And we really don't want their plans to succeed.
In 1950, Korea was the first victim of the First Cold War. In 2022, Ukraine because the Second Cold War's first victim.
Korea was the First Cold War's first victim, but it wasn't the last. Ukraine is the Second Cold War's first victim. We must not let there be more.
Putin must fail. Xi must fail. The Axis must fail. For that, high gas prices are a pittance.
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Some people might be hoping that now that Yoon Seok-yeol will assume South Korea's presidency in May, South Korea and Japan might be able to take steps to improve relations. I am here to tell you not to hold your breaths because, you know, it takes two to tango.
Yes, a lot of South Koreans don't have a lot of love for Japan. But it's also true that a lot of Japanese don't have a lot of love for South Korea, too. But the Japanese sentiment toward South Korea is more tinged with apathy than resentment.
Combined with Japanese Prime Minister Kishida Fumio's cabinet that is full of hardliners, Japanese apathy toward South Korea means that Kishida has no incentive whatsoever to make any concessions to South Korea regarding comfort women, historical issues, etc.
Yoon just said that he would strengthen relations with the US. He said the door to talks with North Korea will always be open. He also said that he'd improve relations with Japan.
Well, at least one out of three is definitely achievable.
Yoon: To cooperate with the opposition (Minjoo) party, we need to make sure that every region and province develop together. I trust that we will cooperate as we are all working to serve the people.
That doesn't really answer the question about how he'd work with Minjoo Party.
Yoon: I promise that I will have many press conferences to answer questions from the news media.
I never had any affinity for Lee Jae-myeong, but he did put up a hell of a fight. And he'd have won, I believe, if it hadn't been for the Minjoo Party's cowardice in seeking genuinely progressive social goals.
The Minjoo Party's most glaring failure, in my opinion, has been its failure to pass an anti-discrimination law despite its overwhelming majority in the National Assembly. They should have fought hard against the churches to say that the LGBTQ community deserves to be protected.
They should have fought much harder for women and feminists. When the incels began their reign of terror on the internet against women, when one of those incels became the People Power Party's chairman, the Minjoo Party should have stood up for women.
Seeing how the polls close at 7:30pm, a 60%+ turnout by 1pm (including early votes that were cast on the weekend) is a pretty good turnout. Only four more hours to go.
At the 2pm mark, South Jeolla, North Jeolla, and Gwangju (Honam) are showing the highest turnouts. Honam has firmly sided with the progressives for years. So, right now, things are looking pretty good for Lee Jae-myeong.
I just had a thought. If the Korean Wave had been as big back in 2002 as it is today, people would have referred to the 2002 election as the "Winter Sonata" election.
Now I'm thinking of all the different possibilities.
The My Sassy Girl Election
The Shiri Election
The JSA Election
The Reply 1997 Election
The Train to Busan Election
And why I am thinking such dumb thoughts? I don't know. I clearly professional help.
You know what that sounds like? Russians are getting desperate after realizing that things are going very badly for them. And you know what? I think kicking Russia when it's down is a perfectly all right and legitimate thing to do.
The sanctions and especially the Russian oil ban Biden is supposedly going to announce today will hurt all of us in the rest of the world, too. Gas prices are no joke. But it will hurt Putin, his cronies, and the Russian economy a WHOLE HELL of a lot more than it will hurt us.
And in a few months from now, when the Russian economy is less valuable than used toilet paper, when the Russian regime collapses for a second time within a generation, then we turn our full attention onto Putin's thugs in Eastern Europe and the Middle East.