Posted on 08/02/2022 7:13:50 AM PDT by SpeedyInTexas
Russia is facing “economic oblivion” in the long term because of international sanctions and the flight of businesses, several economists have said.
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However, many economists see long-lasting costs to the Russian economy from the exit of foreign firms – which will hit production capacity and capital and result in a “brain drain” – along with the loss of its long-term oil and gas markets and diminished access to critical imports of technology and inputs.
(Excerpt) Read more at cnbc.com ...
The Soviet Union lost the cold war because they couldn’t give the people Levi blue jeans. Do you really believe that the Russian people will be happy with Mak Dak?
They have cash registers that send oil to Europe and China and India. Frankly with just India and China thats about 40% of the world that is happy to trade with them. They are just fine. Obviously there will be some disturbance. But the Russians are used to it.
...well, we know what happens when a country faces economic oblivion, don’t we?
Who would they be? No one here I’ve seen.
There are plenty who like neither Putin nor Zelensky.
Our leaders in the West are mentally ill.
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