I agree, sugar perhaps is not a good indicator. There wasn't an actual shortage of sugar, it was a short-lived market panic. But, still, many other sectors of t

I agree, sugar perhaps is not a good indicator. There wasn't an actual shortage of sugar, it was a short-lived market panic. But, still, many other sectors of the Russian economy are already suffering - automakers, air travel & cargo are good examples. Some big tech companies like Cisco have entirely left the market, which is neither good for Russians nor Cisco. They already come $200M short in their quarterly. The layoffs didn't follow only because Cisco already slashed thousands of jobs last year due to the pandemic. Yes, there will be a lot of money in hard currency from oil and gas, but without access to high-tech & parts (which not many countries would sell to Russia), it's gonna pull the entire country into stagnation.