Researcher: "Russia’s economy faces death by a thousand cuts. Western sanctions have failed to cripple Putin, but the damage will only grow over time." (www.telegraph.co.uk)

submitted 8 months ago by 0x815@feddit.de to c/europe@feddit.de

4 comments fedilink hide all child comments

Cross-posted from: https://feddit.de/post/9439113

"It seems likely that the damage to Russia’s productive capacity from the loss of western technology and key supplies will increase over time," writes independent economist Roger Bootle.

"Moreover, the medium-term outlook for its supply capacity has been severely dented by the loss of so many soldiers in the Ukraine war – and more importantly, by the exodus of so many well-qualified young people who wished to escape both the Putin regime and the prospect of call-up."

you are viewing a single comment's thread
view the rest of the comments

[-] taladar@feddit.de 11 points 8 months ago

More importantly if you lose the ability to buy something for a month that isn't so bad since most things you bought before will probably last another month, but if you lose it for two years we have a different story.

this post was submitted on 28 Feb 2024

77 points (95.3% liked)

Europe

8326 readers

2 users here now

News/Interesting Stories/Beautiful Pictures from Europe 🇪🇺

(Current banner: Thunder mountain, Germany, 🇩🇪 ) Feel free to post submissions for banner pictures

Rules

(This list is obviously incomplete, but it will get expanded when necessary)

Be nice to each other (e.g. No direct insults against each other);
No racism, antisemitism, dehumanisation of minorities or glorification of National Socialism allowed;
No posts linking to mis-information funded by foreign states or billionaires.

Also check out !yurop@lemm.ee

founded 1 year ago

MODERATORS

poVoq@slrpnk.net