Sanctions left and right, Can the Russian economy survive?

[Rockstarguy]

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 believe for Russia to have a bold step to invade their neighbour Ukraine, they already know what Is going to happen and they are fully prepared for it. Before now Russia has worked on their economy very well that if anything happens the economy will not have much effect,     since Russia invasion to Ukraine with all the sanctions giving to Russia their economy is not crashing down. I think Russia can survive sanctions giving to them.

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[LUCKMCFLY]

Russia is a rich country and rich of resources, for sure they can survive despite with so many economic sanctions put into them. With the preemptive attacked on Ukraine, I bet they already have a counter measures to that sanctions by many countries before it happened. They have still allies to help them though like China for example.

Not really a rich country but it was rank 70th among the other countries around the world but it can be true that they are rich on some resources such as oil and some of metal parts that has been used to create computer chips but they are still going to struggle if they can't sell all these products to most countries except only on one to two country or so-called allied countries. Your right one of it was china but I think the second is India?

As India has been on the headlines lately for buying discounted oil in Russia but we don't know if there are other more countries that Russia has a special connection with in spite of the sanctions.

You are right, this is one of the things for which everything in war is worth it, Russia has many plans, especially not to fall into an economic devacle, this would be very frowned upon and more so in the Putin government, there is no need to forget that Russia has the help of its allied countries, and one of these that is very powerful is China, China has a very good relationship with them and is capable of providing economic support and in any area as long as they do not fall into default, more now with everything that RUSSIA is doing that China wants to take Taiwan, I think these scenarios are high profile of how the world reacts to events of this magnitude.

[Quidat]

Russia is a rich country and rich of resources, for sure they can survive despite with so many economic sanctions put into them. With the preemptive attacked on Ukraine, I bet they already have a counter measures to that sanctions by many countries before it happened. They have still allies to help them though like China for example.

Not really a rich country but it was rank 70th among the other countries around the world but it can be true that they are rich on some resources such as oil and some of metal parts that has been used to create computer chips but they are still going to struggle if they can't sell all these products to most countries except only on one to two country or so-called allied countries. Your right one of it was china but I think the second is India?

As India has been on the headlines lately for buying discounted oil in Russia but we don't know if there are other more countries that Russia has a special connection with in spite of the sanctions.

You are right, this is one of the things for which everything in war is worth it, Russia has many plans, especially not to fall into an economic devacle, this would be very frowned upon and more so in the Putin government, there is no need to forget that Russia has the help of its allied countries, and one of these that is very powerful is China, China has a very good relationship with them and is capable of providing economic support and in any area as long as they do not fall into default, more now with everything that RUSSIA is doing that China wants to take Taiwan, I think these scenarios are high profile of how the world reacts to events of this magnitude.

Before the war started which Putin had already forseen these situations in regards with economic problems but look at on the current condition of theirs on which they do able to sustain
somehow despite of left and right sanctions which do basically shows that they could find ways on at least fighting for them to sustain out despite of the economic issues.
Survive? We dont know yet but they are still holding strong which is somewhat commendable but if things get even more worst then i doubt that it could really
be giving huge impact as we do go by,.

[Wong Gendheng]

Russia's economy always grows positively every year, this is because Russia has natural wealth and good human resources, Russia has experienced crises and difficult times but they survive and are now a country that has strong economic power, I'm sure the sanctions will not have much effect for Russia because of course the Russian president has taken into account these sanctions.

[Ozero]

Russia's economy always grows positively every year, this is because Russia has natural wealth and good human resources, Russia has experienced crises and difficult times but they survive and are now a country that has strong economic power, I'm sure the sanctions will not have much effect for Russia because of course the Russian president has taken into account these sanctions.

Putin's entourage already admits that neither they nor Putin expected such a unity of states for Russia's open full-scale aggression against Ukraine and such powerful and hitherto unprecedented international sanctions imposed on Russia. This shocks them and puts them in a blind alley, from which they no longer see a way out, but they tell the public that everything was thought out and planned in advance, since other words will lead to discontent among the people inside Russia. After just a few weeks of these sanctions, which continue to intensify, we see how much worse life in Russia. And this is just the beginning. Therefore, the effect of these sanctions this time will be greater. We will be able to compare how Russians will live in six months or a year. According to a recent poll, about 82 percent of Russians support Putin in his attack on Ukraine and massacres of civilians. Let's see what they say by the end of this year.

[tygeade]

Putin's entourage already admits that neither they nor Putin expected such a unity of states for Russia's open full-scale aggression against Ukraine and such powerful and hitherto unprecedented international sanctions imposed on Russia. This shocks them and puts them in a blind alley, from which they no longer see a way out, but they tell the public that everything was thought out and planned in advance, since other words will lead to discontent among the people inside Russia. After just a few weeks of these sanctions, which continue to intensify, we see how much worse life in Russia. And this is just the beginning. Therefore, the effect of these sanctions this time will be greater. We will be able to compare how Russians will live in six months or a year. According to a recent poll, about 82 percent of Russians support Putin in his attack on Ukraine and massacres of civilians. Let's see what they say by the end of this year.

I do not think that they are feeling any insecurity about the situation though. Maybe they were shocked that we were in a unity against Russia, and put sanctions and everyone went crazy but at the same time we are talking about a situation where Russia is not doing bad economically.

Even after Bucha, people are still buying gas and petrol and whatever they need from Russia, this is 2022 and there is a massacre, even calling it genocide, going in Ukraine right now and nobody really stops working with them. Sanctions do not work because people are still dealing with them, which is proof that Russia is still doing fine because they are capable of selling things to Europe right now.

[retreat]

Russia's economy always grows positively every year, this is because Russia has natural wealth and good human resources, Russia has experienced crises and difficult times but they survive and are now a country that has strong economic power, I'm sure the sanctions will not have much effect for Russia because of course the Russian president has taken into account these sanctions.

The biggest advantage that Russia has is that it has natural resources that almost no other country has. I firmly believe that with Russia's current condition, they will be able to withstand international economic sanctions for several months and even years into the future. Western countries should be able to find other ways to stop the war other than by imposing sanctions on Russia.

[jossiel]

The biggest advantage that Russia has is that it has natural resources that almost no other country has. I firmly believe that with Russia's current condition, they will be able to withstand international economic sanctions for several months and even years into the future. Western countries should be able to find other ways to stop the war other than by imposing sanctions on Russia.

They're able to withstand with it.

No matter how bad the sanctions are, they've probably anticipated this and has a lot of options to make with their allies and countries that would still like to trade with them.

It's actually not a loss for them, they may experience a bad economy these days but it won't be staying there forever and they'll gradually recover. The same as the normal markets that we know related to crypto.

[KennyR]

The biggest advantage that Russia has is that it has natural resources that almost no other country has. I firmly believe that with Russia's current condition, they will be able to withstand international economic sanctions for several months and even years into the future. Western countries should be able to find other ways to stop the war other than by imposing sanctions on Russia.

They're able to withstand with it.

No matter how bad the sanctions are, they've probably anticipated this and has a lot of options to make with their allies and countries that would still like to trade with them.

It's actually not a loss for them, they may experience a bad economy these days but it won't be staying there forever and they'll gradually recover. The same as the normal markets that we know related to crypto.

With the available resources Russia have got the ability to overcome any sanctions. Just with the oil Russia have made the plan and demanded to pay in Rubles, if not just shut down and move. Western nations might've never thought of such a demand. In the long term the economy will recover, and with this war more other forms of trade have begun and this will affect the USD in the long term.

[chrisculanag]

Maybe they can survive if they have a good choice of development. But we know that Russian have many knowledge in many things that's why it's not easy to survive also in the present of Russian country.

[Oilacris]

Maybe they can survive if they have a good choice of development. But we know that Russian have many knowledge in many things that's why it's not easy to survive also in the present of Russian country.

Here are some experts view about this Ukraine war which do make out big effects on Russias economic state.

Vladimir Putin’s war on Ukraine and the global response to it will drastically alter Russia’s economic future, setting the country back 30 years, experts say.

As the country’s economy collapses, the exodus of global brands will give rise to a profound shift in how middle-class citizens will make and spend their money.

Experts say the coming period of Russian economic isolation could last at least five years, but more likely will be measured in decades.

Source: https://www.cnbc.com/2022/03/14/putins-invasion-of-ukraine-will-knock-the-russian-economy-back-by-30-years.html

Its impossible that Putin wasnt aware the probabilities but actually they would really be facing it later on.

[Maestro75]

Putin announced that people can only buy gas from Russia with Ruble so its going to affect the USD too soon.

That announcement shocked America and its allies attacking Russia and those other countries which were neutral in the war. I like that move of forcing every oil and gas buyer to buy with the Russian rubles. That is very smart of Putin. Eventhough I do not support this war or any form of war but I like how Europe is getting served on this by Putin. They have sanctioned him left and right and he decides to throw them that. On both sides of Russia and Ukraine there are loss of human lives. On both sides of Russia and Europe or NATO there is also loss of businesses.

[ningrum]

The biggest advantage that Russia has is that it has natural resources that almost no other country has. I firmly believe that with Russia's current condition, they will be able to withstand international economic sanctions for several months and even years into the future. Western countries should be able to find other ways to stop the war other than by imposing sanctions on Russia.

They're able to withstand with it.

No matter how bad the sanctions are, they've probably anticipated this and has a lot of options to make with their allies and countries that would still like to trade with them.

It's actually not a loss for them, they may experience a bad economy these days but it won't be staying there forever and they'll gradually recover. The same as the normal markets that we know related to crypto.

With the available resources Russia have got the ability to overcome any sanctions. Just with the oil Russia have made the plan and demanded to pay in Rubles, if not just shut down and move. Western nations might've never thought of such a demand. In the long term the economy will recover, and with this war more other forms of trade have begun and this will affect the USD in the long term.

I think this makes Russia less worried about the sanctions imposed by European countries,
it would be different if Russia didn't have enough resources including oil,
What is clear is that this war has had a considerable impact, especially on the global economy

[Tony116]

The biggest advantage that Russia has is that it has natural resources that almost no other country has. I firmly believe that with Russia's current condition, they will be able to withstand international economic sanctions for several months and even years into the future. Western countries should be able to find other ways to stop the war other than by imposing sanctions on Russia.

They're able to withstand with it.

No matter how bad the sanctions are, they've probably anticipated this and has a lot of options to make with their allies and countries that would still like to trade with them.

It's actually not a loss for them, they may experience a bad economy these days but it won't be staying there forever and they'll gradually recover. The same as the normal markets that we know related to crypto.

With the available resources Russia have got the ability to overcome any sanctions. Just with the oil Russia have made the plan and demanded to pay in Rubles, if not just shut down and move. Western nations might've never thought of such a demand. In the long term the economy will recover, and with this war more other forms of trade have begun and this will affect the USD in the long term.

The heaviest sanctions are already in place and the Russians have stood firm, so any further sanctions against Russia will be in vain. If Europe and the US do not find an alternative to Russian gas supplies and accept payments in rubles, which is clearly threatening the dominance of the dollar, the dollar will weaken.

[bakasabo]

When will countries realize that imposing sanction does not work? Countries and companies impose sanction, Russia continues what they were doing, they impose more, Russia continues, they think what to impose more, Russia continues. This is a looping of events, but Ukraine people are suffering. To me this looks stupid. And remember first sanctions in 2014 against individuals and selected goods. Did it have an impact? Did it make Russia weaker? Did it worked at all? The war should be stopped else how.

[jossiel]

The biggest advantage that Russia has is that it has natural resources that almost no other country has. I firmly believe that with Russia's current condition, they will be able to withstand international economic sanctions for several months and even years into the future. Western countries should be able to find other ways to stop the war other than by imposing sanctions on Russia.

They're able to withstand with it.

No matter how bad the sanctions are, they've probably anticipated this and has a lot of options to make with their allies and countries that would still like to trade with them.

It's actually not a loss for them, they may experience a bad economy these days but it won't be staying there forever and they'll gradually recover. The same as the normal markets that we know related to crypto.

With the available resources Russia have got the ability to overcome any sanctions. Just with the oil Russia have made the plan and demanded to pay in Rubles, if not just shut down and move. Western nations might've never thought of such a demand. In the long term the economy will recover, and with this war more other forms of trade have begun and this will affect the USD in the long term.

It is because they've got those resources.

And those sanctions are just going to make them demand what they want and it seems that they're winning on it. Winning in a way that they're now giving their own rules and demand in exchange for their products like oil.

I guess those countries that have been trading and being supplied by them never anticipated this to happen. But, it just happened and they now have to look for other source and supplier for this main product they have.

[boty]

I believe for Russia to have a bold step to invade their neighbour Ukraine, they already know what Is going to happen and they are fully prepared for it. Before now Russia has worked on their economy very well that if anything happens the economy will not have much effect,     since Russia invasion to Ukraine with all the sanctions giving to Russia their economy is not crashing down. I think Russia can survive sanctions giving to them.

everything they done,must be prepared and calculated before.impossible starting the war but they have no preparation if their country get alot sanction from countries around the world. although alot consequence they will took by this war, they still stand for their principle. evenmore almost countries around the world face inflation due this sanction and looks like it become boomerang for the west.

[andriarto]

The biggest advantage that Russia has is that it has natural resources that almost no other country has. I firmly believe that with Russia's current condition, they will be able to withstand international economic sanctions for several months and even years into the future. Western countries should be able to find other ways to stop the war other than by imposing sanctions on Russia.

They're able to withstand with it.

No matter how bad the sanctions are, they've probably anticipated this and has a lot of options to make with their allies and countries that would still like to trade with them.

It's actually not a loss for them, they may experience a bad economy these days but it won't be staying there forever and they'll gradually recover. The same as the normal markets that we know related to crypto.

With the available resources Russia have got the ability to overcome any sanctions. Just with the oil Russia have made the plan and demanded to pay in Rubles, if not just shut down and move. Western nations might've never thought of such a demand. In the long term the economy will recover, and with this war more other forms of trade have begun and this will affect the USD in the long term.

It is because they've got those resources.

And those sanctions are just going to make them demand what they want and it seems that they're winning on it. Winning in a way that they're now giving their own rules and demand in exchange for their products like oil.

I guess those countries that have been trading and being supplied by them never anticipated this to happen. But, it just happened and they now have to look for other source and supplier for this main product they have.

Apart from abundant natural resources, and this is very much needed by European countries, Russia seems to hold the key to the economy in terms of mining. On the other hand, Russia cooperates with China, which is of course economically strong, and has various products that will be needed. From this point of view, I see a country like Russia as if it is capable of standing on its own, let alone having good relations with China. and I think the impact of this war has also been calculated, where the evidence is that until now they are still standing up

[Tony116]

~snip~

Apart from abundant natural resources, and this is very much needed by European countries, Russia seems to hold the key to the economy in terms of mining. On the other hand, Russia cooperates with China, which is of course economically strong, and has various products that will be needed. From this point of view, I see a country like Russia as if it is capable of standing on its own, let alone having good relations with China. and I think the impact of this war has also been calculated, where the evidence is that until now they are still standing up

In addition to its rich resources, China is also an important factor in keeping the Russian economy from collapsing. Both do not have good relations with Europe and America. After this war, I think their friendship will be stronger and will be a counterweight to Europe.

China is the beneficiary in the war, in front of them openly does not support the war but behind their back they will definitely help Russia to resist Western sanctions and they will be able to buy energy from Russia at a low price and they will be the main supplier of essential goods to Russia instead of Europe.