Post
Topic
Board Economics
Re: Sanctions left and right, Can the Russian economy survive?
by
Pomogator
on 19/03/2022, 16:24:13 UTC
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?
Of course, the Russian government provided for these sanctions because they received them both in 2008 and in 2014, but then these sanctions were not so large-scale, so now there is such a problem with the economy.  Honestly, I did not expect such actions from the whole world, everything turned out to be very large-scale. I think Russia will withstand this blow, but everything will not be the same as before.  Much will change within the country. All the negative consequences will fall on ordinary people, and I'm not happy about this.