3 ms·
I wish that was true, but look at the latest analysis by the Economist. The current sanctions against Russia are similar to those of 2008-2009 and 2014-15, and
by whiplash451 5y ago
I wish that was true, but look at the latest analysis by the Economist. The current sanctions against Russia are similar to those of 2008-2009 and 2014-15, and pale in comparison with the financial crisis of 1998-1999 (if we only look at the rouble-dollar change rate).
- grey-area 5y agoI really don’t think that’s accurate. At no previous time have huge companies like MS and Apple withdrawn from Russia. All trade except a very limited set of commodities has ended. The stock market has been closed for 5 days. The aeroflot fleet is grounded. Much if the reserves of the national bank have been frozen. This is unprecedented and may trigger complete economic collapse.