Comments by "Paul Aiello" (@paul1979uk2000) on "How's Russia’s Economy Actually Doing?" video.

  1. If history is any indicator, sanctions usually take about 2 to 3 years to really bite and we should remember that the sanctions are not in full until the Europeans diversify away from Russian oil and gas. Basically, it's too early for now but it's very likely the sanctions will be really damaging to Russia longer term and for a few reasons, for one, it's going to become harder for Russia to get replacement parts for things that break, 2, Russia won't be profiting on oil and gas revenue from Europe and 3, not many businesses around the world are going to want to do business with Russia because of the sanctions and because of trust. Throw it all in and we are talking about a lot of damage to Russia and it's likely going to get worse because the west isn't doing all this only for the likes of China and India to prop up the Russian economy, basically, as the Europeans diversify away from Russian oil and gas, the EU and US is very likely going to put a lot of pressure on China, India and others that are buying cheap oil and gas from Russia, probably with tariffs on their goods they sell to the EU and US market to the amount they benefit from that cheap oil and gas from Russia, the idea is, to cancel out those benefits whiles making their products in the west more expensive, the real idea being total isolation of Russia from the world and the EU and US has a very strong hand in that because China and India trade a lot more with the west they do with Russia, they can't afford to lose those markets whereas the west can afford to lose them as the west can find cheap labour in other countries. So yeah, Russia is on borrowed time, it's money reserve it built up for this war is running out, Europeans are moving away from their oil and gas and it's becoming harder for Russia to find replacement parts for things they need, longer term that's very crippling for Russia and we are talking long term, we're not talking about hitting them just for a few years but over countless years or even decades if they keep being a threat like they have been, in other words, Russia could very easierlly become the next Iran or North Korea long term and the only alternative for Russia is this, they have to get rid of Putin and have a leader that wants to repair ties around the world, that isn't going to be easy and won't happen quickly. Also, we know things are bad in Russia already because the government isn't reporting on much economic data and what it is reporting is very cherry-picked, if Russia was doing fine or better than fine, trust me, they would want the world to know about it but as Russia stopped reporting on economic data when the war start, it suggests things are not going well for the economy.
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