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To: Red6
The Russians have been also impacted, but far - far less than some had hoped for and predicted.

Russia has benefited from the sanctions.

Russia's first quarter GDP was 5.4%>

Oil sells itself and there are no shortages of buyers for it. The stupid Europeans are still getting more than half of their oil from Russia via third parties and paying more of it.

Most importantly, the sanction war forced rich Russian oligarchs to keep their money within Russia.

It's past time to stop defending failed, Biden regime policies.

31 posted on 07/17/2024 11:42:07 AM PDT by Kazan
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To: Kazan

On issues like this, you can’t look at growth, which the Russians have, as indicative of the sanctions not hurting them or having any impact.

There is a difference between 3% and the potential of 5% growth which they maybe could have had: https://www.investopedia.com/terms/o/opportunitycost.asp

Western MSM is reporting it:

https://www.reuters.com/world/europe/russian-ministry-sees-2024-gdp-28-with-higher-inflation-weaker-rouble-2024-04-23/

https://www.imf.org/en/Countries/RUS

https://www.cnbc.com/2024/04/17/russia-forecast-to-grow-faster-than-advanced-economies-in-2024-imf.html

They are not giving it the credit or value it deserves, remember how big the story was when these sanctions were put in place? Now with the sanctions basically being a bust in terms of really damaging the Russian economy, they get little coverage.

Sanctions are a lose-lose proposition, and it would make sense for Trump to end this stupidity too, since it’s PROVEN to be ineffective at this point. But this is also a matter of public opinions and perceptions and folks will attack Trump as being sympathetic to the Russians even if he’s actually acting in OUR best economic interest as well.


37 posted on 07/17/2024 1:17:23 PM PDT by Red6
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