Severe

 I said last week the sanctions threatened by the U.S./NATO alliance against Russia seemed neither swift nor very severe. Certainly, now that so many have climbed on board, they are indeed severe. I mean, after the Batman premier is pulled, how much worse can it get?

But — and apologies for being a wet blanket here — what we have on our hands now is an entirely new form of warfare. Naval blockades have long been considered acts of war; what we have here is a financial blockade and, arguably, a cyber blockade as well. 

Acts of war tend to come with repercussions, sometimes self-inflicted. And repetition. How this one will play out we'll just have to wait and see.