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Because of the invasion of Ukraine, Russia has received a series of sanctions that will hurt its economy.
How exactly explained US economist Maxim Mironov.
“Many people ask me to comment on the sanctions. In short, my scientific conclusion, as a professor of finance, a doctor at the University of Chicago, is a f**k. waiting for them.
I explain with my fingers. In the near future, the Russians expect a shortage of basic products. I’m not talking about all kinds of iPhones, the import of which has already been banned, but about food, clothes, cars, household appliances, etc. Russia is very embedded in world trade. And already the largest operators refuse to send containers to Russia. But even if a miracle happens, and Russia finds someone who is willing to send containers to Russia for three meters, then how to pay for it?
Export earnings will be reduced significantly, because all buyers will try to refuse Russian goods. We see that even non-sanctioned oil companies cannot find buyers for their oil. Gazprom, the main exporter of gas, is already under sanctions, that is, it is generally unclear how it will receive foreign exchange earnings. The Russian Central Bank has accumulated a huge piggy bank, 650 billion dollars. Only more than half of these reserves have already been arrested, and what to do with gold is also not very clear.
Few banks in the world will want to buy it from the Russian Central Bank, so as not to fall under sanctions or huge fines themselves. Many people think that Russia has built a bunch of factories over the past years, only all these factories are automobile, aviation, household appliances, etc. – use imported components. That is, in the coming months, we are waiting for the shutdown of entire industries with all the ensuing consequences – a shortage of goods, mass unemployment, respectively, a drop in tax collection and, as a result, problems with paying salaries to state employees.
Planes, even in Russia, will also soon stop flying. After all, almost all of them are imported, and the West has already banned the supply of spare parts. Therefore, we will soon see a massive withdrawal from the operation of aircraft. The Internet we knew him with will also be shut down. Many informational sites have already been blocked, and one of these days they are going to block Wikipedia. Twitter and Facebook are already slowing down. Going to shut down YouTube.
As for agriculture. Do you know that in Russia the share of imported seeds is almost 40%? And for potatoes, the share of imported seeds is 90%? That is, of course, farmers will come up with something later, but at least in the short term, we should expect a shortage of basic agricultural products and a sharp rise in prices.
And that’s not all either. Everyone who can get out of the country will start to get out. Already actively felled. The government understands this, which is why they introduced a bunch of measures today to keep IT people. Only they won’t work. Therefore, they will probably soon introduce exit visas for certain categories or completely close the country.
The only plus from this story is that those who are nostalgic for the USSR will be able to feel all its charms in their own skin. And this will not be in relation to the herbivorous USSR of the Khrushchev-Brezhnev-Gorbachev type, but to the USSR, which is headed by an insane dictator,” Maksimov wrote.
Losses of Russians fighting against Ukraine:
The total combat losses of the enemy from 24.02 to 03.03 approximately amounted to:
- personnel – about 9,000 people (dead and wounded),
- tanks – 217 units,
- BBM – 900 ed,
- artillery systems – 90,
- RSZO – 42,
- air defense systems – 11,
- aircraft – 30 units (information to be confirmed),
- helicopters – 31 units (information is being specified);
- automotive equipment – 374,
- light speedboats – 2 units,
- tanks with PPM – 60,
- UAV operational-tactical level – 3,
The data is being specified. Counting is complicated by the high intensity of hostilities.
What started the Russian military invasion of Ukraine:
How did the war between Russia and Ukraine begin?
Russia strikes civilians:
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