They have yet to fold under the pressure of sanctions.

[fgadmin]

Archived from the IMDb Discussion Forums — Politics

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Vlad. — 3 years ago(June 11, 2022 10:53 PM)

They have yet to fold under the pressure of sanctions.
Stop.

[fgadmin]

Corwin — 3 years ago(June 11, 2022 10:55 PM)

It's not losing.

[fgadmin]

Vlad. — 3 years ago(June 11, 2022 11:01 PM)

Why is that? Is it due to Putin stockpiling cash to sanction-proof the country
Stop.

[fgadmin]

Corwin — 3 years ago(June 11, 2022 11:05 PM)

They had not integrated as much into the world economy.
Also – Putin probably doesn't care if oligarchs have their speedboats and mansions seized. This is a war about correcting historical wrongs, for him.

[fgadmin]

Vlad. — 3 years ago(June 11, 2022 11:51 PM)

Well isn’t the play to urge his minions to want to revolt ?
Stop.

[fgadmin]

Corwin — 3 years ago(June 12, 2022 12:01 AM)

Yes, I am just saying he's more firewalled from economic pressure than one might hope. But there's an argument yes to use every tool in the toolbox.

[fgadmin]

|=| — 3 years ago(June 12, 2022 12:07 AM)

Pretty much. Nearly three months since Biden triumphantly declared that "ruble has been turned into rubble" and Russian ruble has fully returned to its pre-sanctions level and has even become the best performing currency of the year. Just yesterday Russian central bank cut its interest rate to pre-sanctions level, their revenue from fossil fuels exports has significantly increased due to higher prices etc.
It's becoming increasingly clear that Western powers have miscalculated. They've overestimated the impact that sanctions would have on Russia's economy and underestimated the impact it would have on theirs.
Europe will suffer the most from it. They will not be able to find alternate supplier who will sell them oil at a cheap price like Russia did and it's not like they are an irreplacable customer. Russia is replacing them with China and India as we speak.