3 ms·
Sanctions promised to plunge the economy by up to 50% of their GDP, but instead russian GDP only decreased by approximately 2% - 3% in 2022, so almost nothing.
by iropewu 4y ago
Sanctions promised to plunge the economy by up to 50% of their GDP, but instead russian GDP only decreased by approximately 2% - 3% in 2022, so almost nothing. EU and US lost any credibility by promising the harshest sanctions ever, but not achieving anything at all. Yeah, and do I need to say that russian ruble is even stronger than it was before sanctions?
- lcnPylGDnU4H9OF 4y agoWhere did you get these numbers? Not trying to deny the claims, just curious where they're coming from.
- harambae 4y agoMaybe it was here https://www.consilium.europa.eu/en/infographics/impact-sanctions-russian-economy/ https://www.consilium.europa.eu/en/infographics/impact-sanct...
- grozzle 4y agoWhat volume of trade is that high "official" ruble value based on? The retail/p2p volume outside of state-run banks seems to be higher now, and at a significantly lower ruble value. & welcome to hn, first commenter!