How can Russia replace all its lost equipment (tanks, supply trucks, helicopters, planes) when they've lost more than half of their economy in a week, and counting? Their GDP was on par with Spain (a country of far smaller size and natural wealth), but is fast approaching that of Portugal. I mean, look at the flight of skilled workers out of their country, and the ruble halving in value in the space of a month.
Sure, a Ruble buys you fewer international goods than a dollar, but has much more buying power in Russia. The tank factories still exist, and the workers there still have jobs and can still make tanks. As long as they still get food and raw materials more tanks will come off the line, and Russia nowadays has enough food and plenty of raw materials. The Ruble will buy less on international markets, but it still buys s…
Re: The History of Sanctions
#21Just before I went on lunch,I watched someone in Russia going to a shop with a camera and just filming some random stuff and how much it costs, like fruit,veg,etc. An average pensioner was sitting on probably $200-300 pension. Now it's more like $100. A kilograme of cucumbers was like $2 if converted from rubles..The video was shot during the weekend, when the exchange rate wasn't as bad as it is today.