Comments by "Paul Aiello" (@paul1979uk2000) on "Why Russia’s Currency is Declining" video.

  1. This is to be expected, sanctions don't usually have a big impact at first, it's a long term damage impactor, in the case of Russia, Putin was preparing for this war long before it started and had a rainy day fun to prop up any damage the west would do to them. Unfortunately for Putin, this was supposed to be a quick war and the west wasn't supposed to be so tough on Russia, clearly Putin miscalculated and underestimated the west. Experts said early on in the sanctions that it would take around 12-18 months for the sanctions to really start hurting the Russian economy, basically late this year, Putin can only prop up the economy so much with that rainy day fund, as that starts to run dry, things could do south fast for Putin, after all, he's doing his best to try and insulate the Russian people from the war, that's going to become harder to do later this year and throughout the next year. Putin has already had a few scares, things are just going to get worse, especially next year as Ukraine is probing the Russian military for weaknesses before committing its full force, the west is likely going to continue to support Ukraine, and the Russian government and millinery looks very disorganised and not very united, as the pressure builds on this war, it could start to crumble all around Putin, that if he's not careful, it's going to lead to an early grave for him, as he's not the kind that would likely step down, in other words, he could get forced out by many of the top brass in Russia, I don't see any way out for Putin whiles saving face, if he steps down, he'll look weak to many Russians, if he doesn't, there could be an organised assignation attempt on him by his own people, likely the inner circle of government, after all, this is Putin's war, he knows he will take the brunt of the blame whiles many of the rest in government and military, have a few options out. Anyway, I'm not quite sure why some thought the Sanctions would have a negative impact so quickly, sanctions usually take time, years, even decades to really have a massive impact, and in the case of Russia, they had a lot of money put away in case the west puts sanctions on them, but that money is running dry, that's when things really start going south for the Russian government and people, the west likely knows this, and clearly, Putin fears an uprising from the Russian public, which could happen as it starts to impact them in a negative way, many analyse have predicted this, so I don't see how this is such a surprise when you only have to look at the history of sanctions to see how it plays out, which is basically long term decline on the Russian economy, not an implosion of the Russian economy like many expected, in fact, that might have been worse if that happened.
    2