The ruble is going to hell (not anymore?)

[Smartprofit]

It actually looks like Ruble has recovered since this happened, but it's an expensive illusion that the Russian government is trying to maintain for as long as possible. However the interest rate on the Ruble at 20% is very expensive for the Russian government, but it effectively means they'll just print money and it'll devalue over time if they keep it up. Energy exports will now account for almost the entire Russia economy as so many large companies have left, they have ruined supply chains in an area the produces a bunch of useful raw resources and the inflation rate for the average Russian is expected to be about 15% this year. If Europe is able to steadily wean itself off Russian oil and gas, which might take a few years, then it will have an even more hollow economy.

Unfortunately they did. I mean we would love to see what sanctions could have done, I would love it if they could have actually worked and Russians would have stopped Putin and this war would be over. However, Russia seeing how this is going, they will most definitely keep it going because they believe that they have been doing fine.

If the situation got worse and worse than I am sure even Putin would have been scared, but right now not only it gets better, but it is better than they even imagined it would be, basically back to regular life. This is why they do not see a point in stopping, they can attack all the way because there are no consequences.

Sanctions will work, but don't expect the destruction of the Russian economy to happen overnight. Remember the history of the USSR? Sanctions were introduced in the 1970s, after the USSR unleashed a war in Afghanistan. By the beginning of the 1990s, the USSR collapsed ... It will also happen with Russia, and most likely much faster - the economy of the USSR, although backward, was more or less self-sufficient, although also dependent on Western technologies. The Russian economy is resource-rich, technologically very backward, heavily dependent on Western technologies, money, and goods. I am sure the first noticeable degradation in large cities will be noticeable by the end of summer (August-September of this year), the next 2-3 years will be years of systemic degradation of the Russian economy, when the remaining working industries will fall apart.

As long as their allies helping them to recover or avoid those sanctions for sure we cannot see them fall down for what they are facing right now. And looks like they are totally in better shape right now since we know that they are also hurting the economy around the world for their own resources which doesn't cross around the world. And besides Russia will not became big for just nothing so we can expect a fast recovery unto them especially that they are now dealing with China which is their tight ally in trades and other more.

In my opinion, the USSR collapsed not because of US sanctions, but because of the fall in oil prices.  

The fall in oil prices was the result of a secret agreement between the United States and the countries of the Arab world.  

The reason was not in Afghanistan.  The USSR was a real competitor to the USA.  The USSR had It was the ideology of building a just social society (communism).  The USSR was a powerful country with great industrial potential.  In addition, there was the Commonwealth for mutual economic assistance.  It included the countries of Eastern Europe and half of modern Germany.  

Thus, it was a real alternative to the Western world.  

Russia is not a competitor to the US.  It is a country without ideology, without economic power and without allies.  

China is not an ally of Russia.  China has its own economic and geopolitical interests.  

I don't know what's next.  Probably no good.  I don't see positive scenarios.

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[SirLancelot]

In my opinion, the USSR collapsed not because of US sanctions, but because of the fall in oil prices.  

The fall in oil prices was the result of a secret agreement between the United States and the countries of the Arab world.  

The reason was not in Afghanistan.  The USSR was a real competitor to the USA.  The USSR had It was the ideology of building a just social society (communism).  The USSR was a powerful country with great industrial potential.  In addition, there was the Commonwealth for mutual economic assistance.  It included the countries of Eastern Europe and half of modern Germany.  

Thus, it was a real alternative to the Western world.  

Russia is not a competitor to the US.  It is a country without ideology, without economic power and without allies.  

China is not an ally of Russia.  China has its own economic and geopolitical interests.  

I don't know what's next.  Probably no good.  I don't see positive scenarios.

I believe it was mainly because economy was not strong enough due to cold war. At least that is what we are thought, if they didn't try to spend all that money to beat USA in world stage and only focused on their people, they would have been a bit better, still not a perfect ruling system but at least they would have been better for sure. Instead they tried to build stuff or spend money on stuff that they could use to showboat to the world and show how "strong" they are.

The happiness of your citizens to live in your nation is the biggest show of force a nation would have. Why do people want to live in Norway, is it because they are good in space programs? Have the best army? Build the biggest building? No, because they have the happiest people. USSR failed to realize that.

[Smartprofit]

In my opinion, the USSR collapsed not because of US sanctions, but because of the fall in oil prices.  

The fall in oil prices was the result of a secret agreement between the United States and the countries of the Arab world.  

The reason was not in Afghanistan.  The USSR was a real competitor to the USA.  The USSR had It was the ideology of building a just social society (communism).  The USSR was a powerful country with great industrial potential.  In addition, there was the Commonwealth for mutual economic assistance.  It included the countries of Eastern Europe and half of modern Germany.  

Thus, it was a real alternative to the Western world.  

Russia is not a competitor to the US.  It is a country without ideology, without economic power and without allies.  

China is not an ally of Russia.  China has its own economic and geopolitical interests.  

I don't know what's next.  Probably no good.  I don't see positive scenarios.

I believe it was mainly because economy was not strong enough due to cold war. At least that is what we are thought, if they didn't try to spend all that money to beat USA in world stage and only focused on their people, they would have been a bit better, still not a perfect ruling system but at least they would have been better for sure. Instead they tried to build stuff or spend money on stuff that they could use to showboat to the world and show how "strong" they are.

The happiness of your citizens to live in your nation is the biggest show of force a nation would have. Why do people want to live in Norway, is it because they are good in space programs? Have the best army? Build the biggest building? No, because they have the happiest people. USSR failed to realize that.

When there were a lot of oil and gas revenues in Russia, it was necessary at the expense of the state to take every Russian to Europe on an excursion.  

Every Russian should at least once in his life visit the French Louvre, Gaudi Park in Barcelona, ​​Venice with its canals, calm Norway.  

And after the tour, the Russians would say - "Russia is a European country! We can also equip our country, and it will be more comfortable and richer than all these countries that we have seen. We have oil, gas, and we can use these resources for trade with  European Union.We have a huge intellectual potential, and we can create new technologies and new computer programs, create new architectural monuments and works of art.We can develop industry and agriculture.Our future is with Europe!Yes,we are not in the European Union now,but  in a few decades we will be able to create a confederation with him, because the economic and cultural ties between us will be incredibly close. And if we don’t like something in Europe, then we can do better in our own country and become an example for Europeans to follow  ".

[istiak2277]

The happiness of your citizens to live in your nation is the biggest show of force a nation would have. Why do people want to live in Norway, is it because they are good in space programs? Have the best army? Build the biggest building? No, because they have the happiest people. USSR failed to realize that.

Nationality sentiment in Russians is very strong than other country in EU. They don't care about hunger if their countries national interest is in threat. They also have a strong negative sentiment towards non-Slavic people. And you are talking about peoples happiness then you have to understand happiness comes with a price. If Russia don't have strong military then it could be another Afghanistan or Iraq because of its natural resource.

[DrBeer]

The happiness of your citizens to live in your nation is the biggest show of force a nation would have. Why do people want to live in Norway, is it because they are good in space programs? Have the best army? Build the biggest building? No, because they have the happiest people. USSR failed to realize that.

Nationality sentiment in Russians is very strong than other country in EU. They don't care about hunger if their countries national interest is in threat. They also have a strong negative sentiment towards non-Slavic people. And you are talking about peoples happiness then you have to understand happiness comes with a price. If Russia don't have strong military then it could be another Afghanistan or Iraq because of its natural resource.

Do you seriously think that Russia is a Slavic country??? Seriously ?! I will be forced to disappoint you greatly - no, Russia is not a Slavic country at all, although it really wants to be one, and therefore it constantly spreads this fairy tale on the wings of state propaganda!

The second, "eternal theme of propaganda" is "they want to capture us for the sake of our resources"
Tell me - why seize territories for the sake of resources, wage war, then spend energy on managing a herd of not the most educated people. To what? To start building infrastructure, to create normal living conditions for the natives? I will disappoint you - it is much cheaper and easier to print pieces of paper, give them to these Papuans, and she herself will bring you as many resources as you need !!!

Well, give me an example, over the past 50 years, when would the US or the EU take over some country for the sake of resources?

[macson]

Nationality sentiment in Russians is very strong than other country in EU. They don't care about hunger if their countries national interest is in threat. They also have a strong negative sentiment towards non-Slavic people. And you are talking about peoples happiness then you have to understand happiness comes with a price. If Russia don't have strong military then it could be another Afghanistan or Iraq because of its natural resource.

i also admit that, the sense of nationalism of the Russian population is very high and difficult to shake, especially since the majority are pro-Putin.  Russia is currently returning to their former self-reliant economy with China as their aid, this is the reason the sanctions imposed will not have a major impact on Putin's war decisions, plus Putin only accepts rubles and bitcoins as purchases of gas and oil. it will make geopolitics even more complicated.

[barbara44]

When there were a lot of oil and gas revenues in Russia, it was necessary at the expense of the state to take every Russian to Europe on an excursion.  

Every Russian should at least once in his life visit the French Louvre, Gaudi Park in Barcelona, ​​Venice with its canals, calm Norway.  

And after the tour, the Russians would say - "Russia is a European country! We can also equip our country, and it will be more comfortable and richer than all these countries that we have seen. We have oil, gas, and we can use these resources for trade with  European Union.We have a huge intellectual potential, and we can create new technologies and new computer programs, create new architectural monuments and works of art.We can develop industry and agriculture.Our future is with Europe!Yes,we are not in the European Union now,but  in a few decades we will be able to create a confederation with him, because the economic and cultural ties between us will be incredibly close. And if we don’t like something in Europe, then we can do better in our own country and become an example for Europeans to follow  ".

I am not entirely sure if Russia is that much "in love" with Europe as you imagine they are. I know plenty of Russian people who worked with me back in the day because of my job, and none of them liked Europe, and I do not mean like love, or enjoy, or anything like that, they literally HATED Europe.

Maybe it is a devise issue, maybe there are some who like Europe and some that dislike Europe and I can understand that, but this is not "general Russian approach", it is "some Russians" at the very best case. I have met with 10+ Russians and not even a single one liked Europe. This is why I have to say probably not even the majority likes Europe enough to be like them and want to be a European nation.