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Well, there is this $300 Billion frozen assets in western banking sector.
by rasz 4y ago
Well, there is this $300 Billion frozen assets in western banking sector.
- foverzar 4y agoWhich Putin uses as a yet another example of west's lack of credibility in his rhetoric, which even seems to have some response in Africa and central and eastern Eurasia (basically everywhere non-west) Plus it's easy internal propaganda, like, "Look, THEY stole YOUR money". And since Russia's budget is currently profitable, it doesn't really pose an immediate economic threat.
- rasz 4y agoYou have outdated information. Turns out sanctions do work https://edition.cnn.com/2022/09/15/economy/russia-economy-budget-hole/index.html https://edition.cnn.com/2022/09/15/economy/russia-economy-bu... If there was no economic threat there would be no 10% public sector cut.