Russia Ukraine war, page-7879

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11/03/22

23:13

Post #: 60149765
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Originally posted by Dovif: ↑

There are a lot of delusional view on the Russian economy. The reality are as followed.

The Russian economy under sanctions and all the multinational will be smaller than the size of Spain and will likely be about similar size to Greece or Belgium. It might not be a top 10 European economy
the increase in price of gas and oil will be beneficial for oil and gas exporters in the short term, but will mean a quicker transition to low carbon renewable energy/hydrogen/nuclear much earlier.
there will a mass exodus of youth from Russia, the people who do not get their news from kremlin and who are protesting on the street.
with war estimated to cost Russia 15-20billion a day. Once Russia run out of money, almost no investor will be willing to invest in a currency that is depreciating at 30-50% a year or finance a war
the Russians has been estimated to have lost $1 trillion worth of war equipment already. This is rising quickly everyday. The Russian government do not have the resources to replace all these losses
the ruble will continue to crash Sberbank trade at 5c on the UK stock exchange. If the Russian stock exchange ever reopens there will be carnage and one of the greatest destruction of wealth ever experience by any economy.

by the end of the war The Chinese might look at the horrendous state of the Russia economy And might just make it a Provence in China.

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"There are a lot of delusional view on the Russian economy. The Russian economy under sanctions and all the multinational will be smaller than the size of Spain and will likely be about similar size to Greece or Belgium. It might not be a top 10 European economy"

The delusion is all yours my friend

Last edited by BOT: 11/03/22
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