That Guy
PDF THINK TANK: ANALYST
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1) Not really. The Russians rely on raw material from foreign forces as well.Ok I stand corrected, I mixed, should have been 10$ and not 1$ against 50K or so Rubles. But it was still pretty bad. There were even bank notes in 500,000 Ruble denomination lol.
"Survival is not the point - countries like Somalia also exist."
Ok where do you want to start:
1) Russia produces everything which she needs - Food, Raw Materials, Oil, Gas in abundance
2) China can fill the gap for technology related imports
3) Russia even now, under the worst sanctions, getting 1 billion $ dollars a day (!) from those very same countries which have put sanctions on her
4) Russia and China have a massive Gas export deal
5) German car industry is completely dependent on Russian raw material
6) Russia sits on some of the largest reserves of gold
7) Russia is a major military power
8) Russia has stuff which world needs and she will find customers with innovative ways of payment
It is not mere survival, it is living like a middle income country. Do you expect given all the above factors Russia will collapse? Well my friend you are in for a big surprise. Stay tuned. I will ask you after a year or 2 when Russian Oligarch boats again start sailing to forbidden ports.
If anything, by cutting off Russia from SWIFT, US has shoot herself in the foot. Even for a non economist like me it is obvious that it will put US Dollar as a reserve currency of the world under huge pressure.
2) Sure, but considering what happened with the tires, not only would the Russians be nervous about it, but they'd consider it humiliating to rely on foreign tech, when they've for decades said they have superior tech to the Chinese.
3) $1 billion, yes. However, they're losing $10 billion a day on this war, so they're $9 billion in the red.
4) and the Chinese are gonna absolutely blackmail them. The Chinese are businessmen, before they're allies. This is a golden opportunity to turn Russia into an economic puppet.
5) they'll survive and find other sources.
6) good luck.
7) ha...haha...HAHAHHAHAHAHHAHAHAHAHHA..
8)..HAHAHHAHAHAHHAHAHAHHAHAHAHHAAHHAHAHAHAHAHHAHAHHAHAHHAAHHA! Man that's funny. Other than wheat, no one really cares much about Russian tech, at least not after this war, which has been humiliating for the Russians.