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Ghostlight X
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Comments by "Ghostlight X" (@ghostlightx9005) on "Russia’s Economy on The Brink of Depression: The Real Cost of Agression" video.
Only idiots were saying that. Informed and intelligent people knew such actions were a long slow stranglehold over years.
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@Leeheich Life is not cheaper in russia. Average prices are about half of that in the West but average salaries are one fifth. And those figures have not taken the recent collapse of the ruble into account.
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I guess you haven't examined the figures published by the kremlin then? Because they are quite obviously not doing fine. And remember this is their own published numbers - which I assume have been inflated in their favour and they are still terrible. Highest monthly deficit in their recorded history.
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Nitpick: Pre-war, 65% of russia income was Oil and Gas and related products (from their own figures).
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@sleepyjoe7843 Apart from you it seems. If you want to sign up for my free newsletter "russian assumptions", I can arrange that.
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@glintongordon6811 Which is 6 months short of the amount of time that people with a brain predicted the full impact of sanctions etc would bite. Remember the EU bans on buying russia fuel products did not kick in until Dec 22 and Jan 23. These are the highest impact sanctions as far as the russian economy is concerned, and they have only had 10 months to work. And notice that is exactly when the russia balance sheet went waaaay downhill.
1
I don't see any recovery possible. The sanctions will never be lifted until russia surrenders and they will never do that until their country collapse in economic ruin. Plus their only "product" is fossil fuel based. They are gas station that everyone who can will just drive by because it is run by untrustworthy thugs. Forever. Plus the whole world is moving away from their product anyway (in many ways, thanks to their own actions). No way back. And that is without mentioning the complete collapse of foreign investment, which will never return.
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