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Author Topic: Sanctions left and right, Can the Russian economy survive?  (Read 992 times)
Rruchi man (OP)
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February 28, 2022, 03:36:20 PM
 #1

With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?
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February 28, 2022, 04:51:19 PM
Merited by The Sceptical Chymist (3)
 #2

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?
I just finished reading one of the international media sources and I saw a topic here by accident.

From what I read, the answer to this topic, I think it fits the answer as I quote below.
Quote
But in fact, the economic sanctions imposed on Russia are expected to be met, because Russia is thought to have prepared its economy before an invasion of its neighboring country.

In fact, International Law Observer, said that economic sanctions will certainly not have a big impact on the Russian people. And Russia will be able to survive six to 1 year after being given world sanctions.

Believe it or not, that's exactly what Russia is doing right now.

R


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February 28, 2022, 04:59:54 PM
 #3

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?
I just finished reading one of the international media sources and I saw a topic here by accident.

From what I read, the answer to this topic, I think it fits the answer as I quote below.
Quote
But in fact, the economic sanctions imposed on Russia are expected to be met, because Russia is thought to have prepared its economy before an invasion of its neighboring country.

In fact, International Law Observer, said that economic sanctions will certainly not have a big impact on the Russian people. And Russia will be able to survive six to 1 year after being given world sanctions.

Believe it or not, that's exactly what Russia is doing right now.

Impressive. I think Russia is seriously gonna invade across Europe slowly through Ukraine which is being built as port of entry or so called sword.

In any War few things are prerequisites to overcome the challenges. This include proper troops, maintained with medical support, food, water and arms supply. This needs huge budget to keep it going on everyday.

As we know, current war is on going since 5 days now which has already taken up millions of dollars. With Russia planning on Nuclear attack things started to look way SERIOUS than two days ago.

If they are bracing themselves to go against whole NATO then they must have thought this through.

The money is surely backed up somehow!
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February 28, 2022, 05:11:55 PM
Last edit: February 28, 2022, 07:15:49 PM by arallmuus
 #4

Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?

Russia will survive through the sanctions and thing is that Putin doesnt care about the sanctions because all he care about is to show his supremacy reign over Ukraine for now. Yeah its going to affect them a bit but its Russia we are talking about and some europe countries are depending on their  energy supply like German for example

Aside from that according to Bloomberg, Russia has more gold supply than US in 2021 so probably they could have already got alot more by now before decided on going to war

R


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February 28, 2022, 06:16:18 PM
 #5

With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?
Russia has a very rich close friend that is China, and I heard that the trade between the two countries was very stable during this invasion...

surely putin has a mature plan in the invasion of ukraine this time, he has already predicted about the sanctions that will be imposed on russia. The economic sanctions imposed by the US and Britain will not have a strong impact on Russia as long as there is China to support them. an international political analyst said that the russian invasion this time was not aimed at completely controlling ukraine, it was just a bluff so that the current ukraine president would not be too obedient to NATO and the US.


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February 28, 2022, 06:30:51 PM
 #6

The sanctions is fully effected would make Russia heavily dependent on their allies, especially China. This would influence if their economy survives and how much long term effect it would have.
This situation would also affect other EU states as Russia is the major supplier of natural gas to the continent by a long mile and finding a cost effective alternative would prove difficult for the countries involved in setting up the sanctions.


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February 28, 2022, 07:17:39 PM
 #7

They can for sure.

What do people think of Russia, as a small country that won't recover or will be a big hit by those sanctions? I think that it's going to be an easy thing for them.

Just look at their allies, they have China on their back, and for sure that it will help them to cover up those sanctions if ever they can stand on their own.

But I think they will.
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February 28, 2022, 07:45:44 PM
Merited by borovichok (3)
 #8

With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?


This is not a essential one by the putin,if he had read the old history of the Russia.USSR the name was not forgot by the histoorian and the educated people.So the UKraine was the part of the RUSSIA and it was split based of deviation of idelogy from communist to capitalist by the other nation.Why the communist nation to target the capitalist Ukraine now!!!.

Russia was the stable country with some responsible.It should allow the developing country to grow,many people saying the reason of war is the NATO.Only the Russia and Ukraine know the exact reason for the war.
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February 28, 2022, 08:30:12 PM
 #9

They can for sure.

What do people think of Russia, as a small country that won't recover or will be a big hit by those sanctions? I think that it's going to be an easy thing for them.

Just look at their allies, they have China on their back, and for sure that it will help them to cover up those sanctions if ever they can stand on their own.

But I think they will.
Not really that easy though on which it could really be putting them on some problems too in terms of economical thing but same as you said that this isnt a small country
and much sure that they are aware of it before the invasion do happen on where these results could really be possibly be experienced when things make out some u-turn.
They are still proceeding on what they are doing as of this moment and wouldnt care much about those sanctions etc.

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February 28, 2022, 08:45:20 PM
 #10

They can for sure.

What do people think of Russia, as a small country that won't recover or will be a big hit by those sanctions? I think that it's going to be an easy thing for them.

Just look at their allies, they have China on their back, and for sure that it will help them to cover up those sanctions if ever they can stand on their own.

But I think they will.
Not really that easy though on which it could really be putting them on some problems too in terms of economical thing but same as you said that this isnt a small country
and much sure that they are aware of it before the invasion do happen on where these results could really be possibly be experienced when things make out some u-turn.
They are still proceeding on what they are doing as of this moment and wouldnt care much about those sanctions etc.


When the country get into the war,surely the sanction was be paused.It will affected the certain part of the country.With that the country will had a strong economy backup,then only most probably,it was get into the war with other economy.Russia is the strong economy country.With that,it also recover some economic benefit from the occupying nation for the war period.

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February 28, 2022, 09:07:41 PM
 #11

With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?

I think they can but with limited time. Even if they have seen this through there is a time that they will have to let it go. Some of the countries in the are still trading with Russia, and even some needed Russia's exports too. Let us see if things go the way people says about Putin expanding through Baltic States. If ever that happens then it is another story and WW3 is inevitable.
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February 28, 2022, 09:44:10 PM
 #12

With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?

I think they can but with limited time. Even if they have seen this through there is a time that they will have to let it go. Some of the countries in the are still trading with Russia, and even some needed Russia's exports too. Let us see if things go the way people says about Putin expanding through Baltic States. If ever that happens then it is another story and WW3 is inevitable.
For sure, those sanctions will create big troubles on the different big sectors in Russia but Putin has anticipated this to happen before going to a war. And he's not even affected with all those left and right sanctions because all this time, he was preparing for this war and consequences like these are already expected by Putin. Well, Russia may survive for now but i can't tell if the war will be prolong, i guess that will be the start for Russian economy to start collapsing once their armed resources will slowly disappear.
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February 28, 2022, 09:49:25 PM
 #13

With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?

I think they can but with limited time. Even if they have seen this through there is a time that they will have to let it go. Some of the countries in the are still trading with Russia, and even some needed Russia's exports too. Let us see if things go the way people says about Putin expanding through Baltic States. If ever that happens then it is another story and WW3 is inevitable.
For sure, those sanctions will create big troubles on the different big sectors in Russia but Putin has anticipated this to happen before going to a war. And he's not even affected with all those left and right sanctions because all this time, he was preparing for this war and consequences like these are already expected by Putin. Well, Russia may survive for now but i can't tell if the war will be prolong, i guess that will be the start for Russian economy to start collapsing once their armed resources will slowly disappear.

very true. putin has already played this scenario on his own. he's been preparing this for years, so he knows the possible consequences of his action. the problem here is that russian people or soldiers are suffering because of their unreasonable leader. too bad, putin will not suffer hunger after this war, but his people do.
pain owed to unnecessary deaths, hunger and other sufferings will be the burden of people while their leader is busy thinking how to to get his power over a nation who wants freedom.

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February 28, 2022, 10:01:07 PM
 #14

Sanctions left and right but did Putin realise or think that there would be so
many of them so quickly? possibly not! I watched a documentary today
about Putin and it is claimed that while he was a KGB recruit it was noted
that he had a low sense of danger.

Can the economy survive? under very difficult times and trading with a small
amount of allies like Iran maybe and China it can trundle along. Already today
the ecomony was hit with the currency losing massive value, restrictions
on sending money out of Russia and queues at banks to withdraw savings.
Its going to be very difficult.

R


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February 28, 2022, 10:24:06 PM
 #15

Russian billionaires have lost more than $126 billion after the invasion on Ukraine. This billionaire list consists of 13 persons, and met Putin days back.

Quote
“What is happening is a necessary measure,” he reportedly told them. “We were simply left with no chance to do otherwise.”

Putin have said no way of stopping the invasion. And none of the billionaire commented on it. Everyone scared to talk to Putin. The invasion have caused a big blow in the world market. The sanctions from different countries have affected each billionaires differently. This isn't gonna stop Putin from the invasion on Ukraine.

Source : Russian Billionaires Lost More Than $126 Billion

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February 28, 2022, 10:33:44 PM
 #16

This is just hilarious.
Some poeple who have no clue about basic economics say Russia will be the fine cause...it is a big country.

It's a big and dirt poor country, and it's smaller and with only half of the population, the USSR had, and guess what, the USSR with all its oil all its resources, and size still went bankrupt. So what has Russia that the USSR lacked?
Nothing, that's why its economy is taking such a hit.

And remember, when the USSR flopped they were still making some shitty cars and planes and tv, but right now everything is manufactured by European companies which have decided to pull the plug on it. Oh, newsflash for some, do you know why Russia partnered with so many foreign companies for the exploration of artic oil? Simple, cause they lack the capabilities to do so, their first platform in the Arctic is actually a decommissioned Conoco platform from UK.

Oh, but it will indeed survive!
After all, there is still something called an economy still alive in Venezuela and Zimbabwe.
Funny how Venezuela has a lot of oil too, guess that it doesn't help!

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March 01, 2022, 02:57:39 AM
 #17

Ofc it will survive, but it will return to the levels of Soviet Union, these sanctions are the new Iron Curtain, Russian people won't enjoy western goods for a long time.

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March 01, 2022, 03:11:45 AM
 #18

The economy may fall but will probably survive. After all, Russia is not exclusively trading with Western countries. Also, it is not as if Russia is starting this war without considering the possible worst economic scenario this would bring to the country. They must have already foreseen the sanctions early on. They must have already taken into account the potential consequences of their decision. Pushing through with this invasion simply means they could absorb such sanctions and face those consequences.

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March 01, 2022, 03:22:42 AM
 #19

The Sanctions are very harsh. Happening everyday. Even today Volvo said they won’t sell cars to them anymore. And there are more and more Sanctions added every few hours it seems. Even the new Batman movie won’t be play in Russia.

I think this will mostly hurt the poor as the rich were probably well prepared in advance. And most likely Putin prepared for this move many months or years ago. So who knows? I am assuming they got a secret stash of cash or gold somewhere laying around to survive. I only feel bad for their hard working citizens which don’t deserve this.

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March 01, 2022, 03:40:26 AM
 #20

With the Russian invasion of Ukraine, almost all sectors & big businesses in Russia have been hit with huge Sanctions against them both from the United States, the United Kingdom and other internationally related bodies. Sanctions have hit the Russian central bank, other small russian banks, big business and companies in Russia from airlines to manufacturing have been affected as well and many assets private and government owned has been frozen.

-Do you think Russia can survive, and how can they survive the harsh economic realities that they are about to experience? Are the sanctions sufficient to push Putin into a decision to stop the invasion?
I think that before deciding to conflict with Ukraine, Putin and parliament considered the worst possible scenarios for Russia. So no matter how many sanctions, it won't affect Russia too much. Not to mention we have forgotten that China is a friendly ally with Russia, and China is also not very interested in the US and Europe. Maybe they will quietly help Russia fight sanctions from the US. Both beneficial for Russia and beneficial in this business field. China will not ignore that.

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