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?
This is a question I’ve been asking myself as well as time has gone on and as we’ve seen more and more sanctions being handed out. I think a large part of it is going to come from the people themselves, they are of course going to feel the ramifications of this hitting their pocket books, so the questions becomes when is enough enough for them?
I sure hope they are hurting their economy is a big way. We need this war to win immediately.