Those nations that are not within the Western alliance system (which is about 80% of all the nations on earth) can still, and will, trade with each other. Sanctions imposed by North America, Western Europe, Japan and other smaller countries are not affecting Russia for the simple reason that Russia never really needed what those countries have to offer anyway.
Without the degeneracy of Western corporations like Disney, McDonalds, PornHub, Nike, and Twitter, Russia will thrive like never before, while those in the West will have to take out a bank loan just to fill up their car with petrol.
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I guess it probably woukd
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Another example of the stupidity of the right wing. First of all, the sanctions on Russia is hitting it like a truck and last I heard (and that was long ago) the economy of Russia was expected to contract by 10% this year alone, not to mention its economic prospects in the future. Sure its not a case of falling apart anytime soon but any hope of Russia modernizing and expanding its economy within my lifetime is basically been eliminated... Thoroughly.
Why? I mean, they have managed to offload some of their exports in Asia to countries like China and India but you see.. The problem is not that they can't sell.. The problem is that they can't BUY. They can assemble as big of a mountain of wealth as they want but it is not helping them purchase any more of the very limited imports they actually require to maintain their industry.
People might be sad that they dont get their latest fashion delivered on time but it becomes more worrisome when you suddenly can't buy replacement parts for your western airplanes or modern electronics. This is further compounded by the fact that countries like China and India might be happy to buy Russias oil and resources but they are very much hesitant to actually sell their own supply of these products.
This problem has become so bad that the Russian central bank has lost control of their own currency and since they can sell but not buy they are suffering from the opposite of an inflation where the Ruble keeps going up in value which for anyone who knows how the economy works would tell you can be just as bad.
So yeah.. The sanctions in Russia works pretty damn well and has basically eliminated any chance they had of becoming a great power. The fact that you can't see this is a good indication that you dont know what you are talking about and that people should probably ignore you like a particularly smelly fart in a crowded hallway.How the hell is Putin running circle around Biden when his military is sending body bags back to Moscow by the thousands? I have Russian friends unlike you. And they say the economy has fallen off a cliff. Understand things were already bad. That's why they paid so much to get your stooge Trump to lift sanctions against their regime.
It is one of the craziest things you post. By pretending trump was effective against Putin, when in fact Congress had to pass veto proof legislation to punish Russia over Trump's objections.
You nothing but a lying trump ass licking piece of trash.Obama made oil/gas cheap by flooding the market which affected the Russian economy meaning less money spent on the Russian military during their moderation attempts.
Gold in itself is a worthless very common metal the more gold Russia sell and produce the less worth it has so countries depending on gold reserves will find their gold worthless.
Russia is suffering as it always has, still the same bread ques. They've set themselves in a war economy but eventually with sanctions and being outside the global economy will bite. China and india is happy to take their oil at a discount of course.Briefly probably but double I can't see happening because it hurts industrial uses too much
The Russian gold will be sold to the big players* it'll just be remelted and cast before being fed into the legitimate market, just like happened with Brinks MAT, apartheid South Africa and the nazi hoards
* Big players would be India (wedding gold)
the aforementioned South Africa (miners could boost their output on paper to improve share prices)
the gulf states (demand via the souk)
Japan and maybe China (technology)
Switzerland and other tax havens (outpacing inflation)
Any criminal organisation (or bank) with deep enough pockets to buy some and 'disappear' it off the record so those in the prior countries as well as the Mafia and drugs cartels, some will probably make its way to Hatton garden and similar trading areasI guess the best thing to do is stop buying gold. It would help to keep the price down, although I know it is used a lot in electronics and other industries.
If Russia can't sell on a normal exchange, it will sell on the black market.
Gold is the standard so yeah
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