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 these sanctions would have been introduced sooner or later, it was a matter of time. Any reason would lead to sanctions, they would just not be so massive. I think Russia will withstand such sanctions, but it will be very painful, and ordinary people will suffer first of all. And most likely there will be new sanctions, this cannot be avoided.