Those who impose sanctions against Russia will have a huge hit on economy also. Those countries and companies have lost huge sales market, as Russia is huge. I dont know to who them will sale all the products they have produced. They can stop productions, but they will have to fire employees and keep only minimum amount of them. If less people buy products, but company expect to get same year profit, then what will they do? Increase price or close down. Example - what happens to a shop if customers dont visit it, or you get 10 customers instead of 30 daily?
I dont understand people who think "we will ban Russian goods and wont import our goods them. We will impose sanction". They will suffer from it also. I am already feeling fuel and product price increase, and it is getting worse.
Increasing the price of the product would lead them to a more loss because there are less or no people will buy the product. Firing some employee sounds harsh because someone will lose a job, stopping the business completely is the worst idea because no more income a company can get but I think the best option, for now, is to reduce the price. They can still sell the products in unaffected countries.
Russia is not the only country in the world, we need to remember that but I think there is another way to punish the people that are involved and push the war, not only in the form of sanctions because its effect is not direct to the people that deserves it.
The Europe, that impose a lot of sanctions is already suffering from a boomerang effect. High petrol prices lead to price increase in all areas. Gas prices in Europe has exceeded $4k. So far Russia supplies Europe with gas at old price (but could have changed it to a current price - but they did not do it). You can expect next winter (or the winter of 2024) to be tough, if countries did not made "cheap" gas reserves.