[Dondilion]

India with its tremendous need for cheap energy will probably find a way to make it work. It's foreign minister is making the case that Europe is buying more Russian energy. India which has a huge market has more play to withstand western pressure.

Are sanctions over used? From a long term point of view, I believe yes.
Nations are making adjustments to make themselves less vulnerable to sanctions.

The US has for a long time used the advantage of the world reserve currency to live beyond its means; consistently running up huge deficits. Will others continue to buy its debt, use only its currency if they fear retribution?

There are serious implications for the economics of world since the reckless invasion of Ukraine and the severe western reaction to it. A transition to the Green New Deal takes time during which fossil is courted. Europe in any scenario is in for expensive energy. Russia will look more to Asia and because of its self suffiency in energy and food has a good chance of weathering the economic storm. The political storm due to war losses could be a different matter.