Comments by "Paul Aiello" (@paul1979uk2000) on "Russia faces economic crisis as Western sanctions hit: Deficit, unemployment and inflation" video.

@heldenopfern5605 Probably about 2 years for things to really settle down but we should remember, Russia lose is a massive opening for other countries around the world to benefit from, after all, with EU countries reducing the buying of oil and gas from Russia, that leaves the door open for others around the world to fill that void but they have to act quick because the window is short and contracts for these things tend to be long term. Basically, other countries that produce oil and gas are licking their lips at selling to the EU market, being as it's a massive rich market. It's highly unlikely that Russia will ever get EU countries to buy oil and gas from them after this and especially because by the time trust has returned, EU countries will likely be on the way generating a lot more energy inside their countries by alternative means. Normally this kind of change would take many years, a decade even but because of the situation and desperate need to find an alternative source, it will happen a lot quicker than people think, especially because this is a massive opening for countries that do replace that oil and gas from Russia to make a lot of money, we are talking hundreds of billions per year, hence why that void will get filled up quickly. As for the coming winter, yeah things will be tight, people will have to tighten their belts but overall, things will likely be fine, it's highly unlikely we'll see power cuts or freezing homes this winter like some of the media like to scare people.
3