Wondering out loud: Maybe a lot of these international brands exiting is more useful than some of the other sanctions. It hits the more wealthy, who lose a sense of status and feel left out of the world. That can't be good for Putin who is seeking glory.
The Cold War ended when McDonald’s went up in red square. Now what?
Last Day of IKEA in Moscow
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Re: Last Day of IKEA in Moscow
#12Earlier quoted context omitted.
Sure…but more than likely Russia is about to become thunderdome.
I don't like getting into politics, but I believe the current situation is temporary, either will end up with a major political change in Russia or with a new cold war. Whichever the case for the local economy its like hitting the reset button.
Agree for the former, but not with the latter. Though scientific and military advancements by Russia were possible during the cold war, in its current state and with the new sanctions, I don't think Russia will be able to cope with the rest of the world.
IMHO it's more like there will be either a regime change or a new North Korea.
Re: Last Day of IKEA in Moscow
#13These photos kind of perfectly sum up just how bizarre the situation is.
Re: Last Day of IKEA in Moscow
#14Earlier quoted context omitted.
The Cold War ended when McDonald’s went up in red square. Now what?
I went to that McDonalds about 3 months after it opened, it was a well planned family outings. It still is one of my favorite stories that I tell. The line was about an hour long. Once you got within 15 minutes of the doors, there were helpers who helped people who have never been with explanations of what to expect and how to order, and helped one plan an order. I got in and ordered a hamburger and Coke, and I remem…
Re: Last Day of IKEA in Moscow
#15They say every crisis is an opportunity. This could be a great opportunity for Russian owned brands to establish themselves and thrive later when the crisis is hopefully resolved.
By the way, the elimination of Western influence at all levels has been the goal for at least 15 years. It happend much earlier higher up.
We're back in 1961.
“We cannot negotiate with people who say what's mine is mine and what's yours is negotiable."
And frankly said, if the performance of the Russian furniture industry is similar to that of the Russian military, I wouldn' buy a doorstop from them.
Re: Last Day of IKEA in Moscow
#16They say every crisis is an opportunity. This could be a great opportunity for Russian owned brands to establish themselves and thrive later when the crisis is hopefully resolved.
Otherwise they will find that planes not flying in/out and container ships not delivering will make it hard to import anything at scale. Not that they could pay for goods anyway.
Also I suspect China may use its new found leverage to flood the Russian market with their goods.
Re: Last Day of IKEA in Moscow
#17I admire that Russians seems to be able to accept their fate and hope for a better future. I'm afraid this same scenario in a large American city would be pandemonium.
Re: Last Day of IKEA in Moscow
#18Earlier quoted context omitted.
Sure…but more than likely Russia is about to become thunderdome.
I don't like getting into politics, but I believe the current situation is temporary, either will end up with a major political change in Russia or with a new cold war. Whichever the case for the local economy its like hitting the reset button.
So the most likely scenario is that the status quo remains until he passes away. At which point there would be an opportunity for a clean reset in relations.
Re: Last Day of IKEA in Moscow
#19They say every crisis is an opportunity. This could be a great opportunity for Russian owned brands to establish themselves and thrive later when the crisis is hopefully resolved.
https://www.mordorintelligence.com/industry-reports/russia-h... By the way, the elimination of Western influence at all levels has been the goal for at least 15 years. It happend much earlier higher up. We're back in 1961. “We cannot negotiate with people who say what's mine is mine and what's yours is negotiable." And frankly said, if the performance of the Russian furniture industry is similar to that of the Russia…
Russian military doorstops are a dime a dozen right now in Ukraine.