Quote:
Originally Posted by CliffFletcher
Unfortunately, sanctions aren’t destroying the Russian economy. Much of the world is still trading freely with Russia, and acting as middlemen for energy sales back to the West.
Nonetheless, the sanctions are biting enough that Russia would struggle to ramp up its war effort. So barring a collapse of morale of the Russian army - a real possibility, but one which is less likely if they adopt a strictly defensive posture - it’s looking like a stalemate will settle in over the next 12 months.
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I'd be a little careful believing any numbers on the Russian economy. Outside of exports almost every number comes from the Russian government (Rosstat) who have a pretty big credibility issue. IMF relies on voluntary data from individual nations and have no Independent data