Christopher Granville, managing director at TS Lombard, discusses the outlook for Russia’s economy amid a barrage of sanctions in response to the Kremlin’s war with Ukraine. Granville says the punitive measures imposed so far represent a “tremendously powerful adverse hit,” but the Russian economy is still likely to limp on without a much deeper dislocation.
Nope it won’t bc it has not many to sell oil and grain wheat what ten ruble a bushel means it goes high people won’t buy it
“A deep recession for sure and very high inflation”…. for us as well as them buddy. We are all going to get it in the ass.
difference is that we will be gently taken from behind from statistical asian or european at worst, while russia will take on most gifted ecuadorian (longest avarage shlong) for the first time with no lube
This is well orated truth
Can our ass survive??
Russia would be North Korea 2.0
Who told you?!?
Why are we not talking way more about renewable energy sources? Seems like something that should be a major topic of conversation.
You’re right. During the Iraq war when oil got to record high prices, investors in the US invested billions into building ethanol refineries to make fuel from corn. The oil companies stopped ethanol by buying up corn futures, driving up the price of corn so high that it wasn’t feasible for them to produce ethanol. They also put out false information saying it would cause starvation in Africa if we made ethanol from corn. Corn would be the perfect renewable resource to replace petroleum. If they try to start using electric cars, natural gas or coal will have to be burned to produce the electricity. Wind and solar are not yet there.
@Captain America they have been shuttering research on anything that threatens the oil industry for decades. We have the technology to produce hybrid and electric cars, maybe it’s time to clean out congress and put people in that will take renewable energy seriously enough to spend money on helping Americans to be able to afford those vehicles instead of propping up the antiquated fossils of our capitalist overlords. Until people decide to discard the well dug in establishment “representatives” that represent no one but themselves and those that put money in their pockets, and change the rules to take corporations out of their wallets, we will be stuck watching our own self destruction.
Because renewable energy is vastly more expensive than oil and gas and the USA has vast I developed reserves of oil and gas
EU and USA is making the biggest mistak ever. China will control Russia energy sector and make new deals. Who knows we might see closing gas pipeline from Europe. China is going to the top and it will become Number one economy power in the world after that the dollar will drop it will the end of USA
Ordinary people can start posting letters to their local Russian Embassy!! Go on.. everyone for once in your life put pen to paper and put on a stamp to your local Russian Embassy and give them.a piece of your mind!
@Guo Chen watch more RT, you might merge with the Russian mehverse
@Bri Ba 😁 As long as you don’t stop judging and respecting others, you will never love
We know how to distinguish hate and lies from the truth.
What is happening has been predicted in Daniel 7:23-26 and Daniel 11:42-45….
We know who is right and who is wrong.
@classicalpsychpunk dude We have heard those kind of arguments before, and we saw the outcome
@Guo Chen meds.
What about Ukraine’s Economy?
@Altrfryd and they have better wages, in wartime, than Russians have :))
@Constantin Raileanu Has Russia not destroyed Ukraine already or are they still fighting?
@Altrfryd Russia is incapable of conquering Kharkiv and feeding its soldiers:)))) How could they desotroy Ukraine?:)))
@Constantin Raileanu Russia has a lot of nukes if I heard correctly
@Altrfryd so what if they have nukes?? :)). USA, France, UK, they also have nukes. In fact, Russia is like North Korea, a 3rd world country with nukes.
Mr. Putin the west has not levied any sanctions on Russia. What we have done are “Special Economic Operations”.
He talking crap. Doesnt know russian mentality at all. We will see. This days almost everyone on internet expert in virusology, geopolitics, economy.
I produced a moving instrumental song with my band in Chicago that we recently posted on YouTube that pays tribute to the Ukrainian people. It is called “Ukraine 2022 (A Song for Peace)”. Thanks for listening if you do, if not, please at least deeply pray that this horrible war stops soon.
Biden is a naive fool if he thinks sanctions will stop Putin’s invasion. Russia existed in an even more closed economy for 70 years. It produces more than enough food and now with China which will buy everything Russia has to sell and will sell Russia everything it needs, Russia is even better placed to survive sanctions than when it was the ussr.
It is a sabotage, but it will kill countries without natural resources like the US
The west should worry about its own economy. Russia has absolutely everything to sirvive.
Right. Plus Trump will waive sanctions in November when Republicans impeach both Biden and Harris in a day.
Sleepy probably forgot that many US pension funds invested trillions of dollars in bonds of Russian oil companies. Because they gave a good income. And now, this moron, with his own hands, or rather with his tongue, buried the future of US pensioners. Europe triumphantly reports on the seizure of Russian property oligarchs. do you need to talk about how much money they will reimburse this through a court in Russia?
Russia becoming the New North Korea
Those sanctions have too many loopholes. West should work on it.