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First Last
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Comments by "First Last" (@First-Last_name) on "Failure of import substitution: How Western sanctions harm Russia" video.
Not only sanctions but about 1,200 companies either left or reduced their business operations voluntarily, due to the risk of the russian market and the bad optics. These days owning business assets in russia hurts the portfolio more then investing in fracking or p○rn in Central America.
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A lot of Soviet manufacturing was built in Belarus, Ukraine, and the baltics.
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Sorry to be that guy, it's Zelenskyy.
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Televangelist's? Guys who wait outside the currency exchange and offer a better rate? OJ Simpson?
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Their revenues are down since their gas and oil exports have fallen through the floor. Not to mention what little they can send to India and china is at a $35 discount. It takes about $40 a barrel to make one. With the price caps and OPEC deal prices should go down. Then russia will be completely wrecked. russians are literally burning all their gas that used to go to Finland. Nord stream 1 is off and there's nowhere for the gas to go.
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I'd laugh but the joke falls apart when poutn drives. He hasn't done that since 1999. With his callous indifference it would be like GTA in Moscow.
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@byterock ah I wasn't a thing back then yet, I must have missed it.
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Yes the same way they pulled back from kyiv as a gesture 9f good will. Totally not because they were over extended, in low supply, and at risk of being cut off. No not at all 🙄 (also sarcasm)
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@ericdpeerik3928 whenever I see Ukranin sources in English it's always been Zelenskyy. Seems to be his preferred Anglo spelling. Your right it's not that big a deal, but still. Let's try to use his preferred spelling maybe?
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There's evidence a lot of their manufacturing is still using supplies left over from before sanctions too. Once the docks, train yards, wear houses, and factories run out of left over supplies, it's going to really sting. Perun did a great video on it a few days ago.
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