SBEBANK & Elviras analysis is a wake-up call for Putin if he...

  1. 7,348 Posts.
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    SBEBANK & Elviras analysis is a wake-up call for Putin if he ever wants to wake up from his imperial dreams. Russian trolls here were ecstatic when the rouble was appreciating in fact is suicidal for a country living on primary industries ie oil/gas and its largest manufacturing industry is war machinery.

    To get its local industrial base moving one intelligent (NOT) thing Putin did was to go to war. But he forgot that the chips for his war machinery comes from the west & far east and they are sanctioned. Russia is going down the tunnel mostly for the reasons given in the video however its biggest struggle would be the shortage of skilled workforce and entrepreneurs who are leaving en-masse. When Russia comes out of recession in a decade or so and the war is over all looks good, they will find out the precious oil & gas no one wants any more and the price has plummeted. World is gone carbon neutral and the industrial capabilities to kick start are beyond their reach.
 
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