Comments by "" (@badluck5647) on "Putin sacks Shoigu for all of Russia 'battlefield failures' in Ukraine | RUSI’s Natia Seskuria" video.

Russia actually had good economists. Considering all the pressures that the Russian economy is facing, the fact that the central bank has prevented an economic collapse is amazing. Of course, long-term prospects for Russia's economic future is dismal.
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@alqaas1948 Using previous budget surpluses to buy a bunch of military assets to be destroyed in Ukraine looks good in GDP terms, but it is not good for long-term growth. Nationalizing (stealing) foreign assets is a good way to get cash quickly, but it guarantees that Russia will never be a place of investment again. Driving up wages by causing workers to flee abroad or having young men lose their lives in Ukraine seems nice for now, but it makes the Russian industry uncompetitive if it ever wants to switch from war production to an export economy in the future.
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@imperatorvespasian3125 That sounds like what economists are hired to do for banks and companies with large logistic chains.
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@richardmarsden.5610 The Venezuelan Bolívar is worthless. The Russian Ruble isn't very valuable in the international market. Considering that the Ruble was expected to collapse years earlier and to a greater extent, the Russian central bank is managing well.
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@richardmarsden.5610 I Japanese Yen is equal to 0.00640167 US dollars. Is Japan's currency worthless?
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