4 ms·

One of the challenges is that there probably is no way to undo the sanctions/Russian reactions to the sanctions. Sanctions started rewriting supply chains from

One of the challenges is that there probably is no way to undo the sanctions/Russian reactions to the sanctions. Sanctions started rewriting supply chains from the moment they went into effect. This could mostly be undone now, but the longer they are in place, the more permanent the rewrites become. The Russian reaction also prevents a lot of capital from returning. They are talking about seizing assets, openly defaulting on bonds (rouble payments at the official exchange rate), have indefinitely closed the stock market, and seem set to start printing roubles. They will remain "uninvestable" to Westerners, as their risk profile has permanently changed.

_0w8t 5y ago
Judging by history the history has never taught anybody. So if sanctions will be lifted I am sure there will be plenty of Western companies willing to “capitalize on the opportunity “. The problem for Russia is its ever increasing dependence on China. Sanctions pushes in that direction even strongly. And compared with Western companies Chinese ones has much less problems to bribe Russian officials or ignore local laws if they can get away from it. Plus they are much more strongly controled by Beijing which would make Russia much more vulnerable to any changes in politics in China.