4 ms·
Except that it's not. The ruble is the best performing currency in 2022, inflation is not as bad as predicted, shelves in Russia are full and Russian state tax
by cpursley 4y ago
Except that it's not. The ruble is the best performing currency in 2022, inflation is not as bad as predicted, shelves in Russia are full and Russian state tax revenue is way up (they raised pensions and mimimum wage by 10%).
Sure, there is some pain - but there's this little thing called import substitution. The Chinese and Turks are happy to oblige (machines, vehicles). The sanctions are just making Russia more independent and resilient.
If anything, people have underestimated Russia in a big way. Well, those who weren't paying attention.
- kennywinker 4y agoYou can contradict the opinions of experts all you want, but i’m still going to believe “Russian political scientist Ilya Matveev” over hacker news commenter cpursley 11 times out of ten. I agree it’s not working as well as we’d all hoped, but to say it’s strengthening russia is not in alignment with what all expert opinions i’ve heard so far are saying.
- cpursley 4y agoIlya is a young "political scientist" (not a real science, btw), very open about his left and anti-Russia biases and certainly no economics expert. Please consider broadening your sources of expert opinion because "all experts" are absolutely not in agreement just like "the entire world" is not actually against Russia (unless you believe the EU and Anglo-sphere is "the entire world").
- kennywinker 4y agoWeird ad-homenums: political science is not a science. He’s not an economist. He’s young. He has an anti-russian bias (he’s literally russian… perhaps you mean anti putin bias?) The point you just ceded was exactly my point. Not all experts agree. You said originally that sanctions were “obviously not working”. If it was so obvious, wouldn’t the experts agree? Either way, I’m not resting my entire world view on the word of one man in an npr article. So attacking him doesn’t matter to the point. I’m saying I’ve yet to hear anyone credible, i.e. outside of comments sections, say what you are saying. Instead of attacking the expert I’ve cited, maybe bring your own expert to the table? Just make sure they’re old, are definitely an economist, they love putin, and have never studied polisci in their life.