Comments by "Paul Aiello" (@paul1979uk2000) on "Can Europe's industry survive without Russia?" video.
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Simply answer is yes, modern economies are very adaptable and can change quite well given a little time.
We should also remember that where Russia loses out here, others stand to gain and will be more than happy to fill that void that Russia leaves behind.
Personally, I think the two key players that really lose out here long term is Russia themselves and the fossil industry, that might not seem it on the surface but Russia is being isolated from the world, sanctions usually take 2 to 3 years to really bite, Europe is moving away from Russian oil, gas and other natural resources and any others that do buy from Russia will buy dirt cheap or limit how much they buy from Russia because Russia has shown to use it's natural resources as a weapon to try and get other countries to do as Russia wants, in other words, no country, not even friendly ones will want to depend too much on Russia after these antics, that's long term damage for Russia.
As for the fossil industry, on the surface, they might be happy in the short term because of the high price but the problem is that now energy is becoming a security risk, it's likely going to push the EU and US and many others to speed up the adoption of alternatives a lot, basically, the fossil industry might have wiped out a decade or more revenue thanks to Putin, so a bit of short term pain but long term gain as we are very likely going to get massive investments into alternative energy sources and all you needed was someone like Putin to focus political minds to make it happen and now he's done that, especially in Europe.
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