Comments by "Олександр Колада" (@Idontwantahandle6669) on "Global News"
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@erichoughton4128 if you haven’t been paying attention over the last few years, which you clearly haven’t, we’re the victims of globalization. Russia is a rather self sufficient country. Their currency may be incredibly inflated, but damn well near everything there is locally sourced, so it’s really cheap. It’s the same deal in Belarus. You can go to the pub, get two sandwiches and a pint for the equivalent of .50 cents American, or 1 ruble 30. So when we sanction Russia, it effects the oligarchs more than anything. The problem is, the oligarchs, for the most part, are former KGB agents. They were already rich, so they’ll take the losses, to ensure there isn’t any American style price gouging when profit margins drop. Putin has that country on lockdown, and now that the bread basket of Europe (Ukraine), is in a state of total war, expect food prices to soar on our end, plus Russias counter sanctions. Oil prices will skyrocket, too, which will also add to our woes. I myself, will be stocking up on canned soup the next time I go to the grocery store, because things are going to get pricey.
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