• When she shows the map of countries sanctioning Russia, you can see that most of the world isn’t participating. I don’t think the sanctions will produce any outcome except make Russia more independent.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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      7 months ago

      I think the other important outcome is that the sanctions are a catalyst for a new economy emerging outside western control. Russia is just too important of a resource exporter, and now that countries can’t trade with Russia using SWIFT, we’re seeing now ways of settlement being developed. However, these will not be restricted solely to trading with Russia going forward. Western sanctions on Russia ended up undermining one of the most powerful tools of coercion that the west had at their disposal.

      • lad@programming.dev
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        7 months ago

        A lot of sanctions also seem to affect citizens of Russia, but not the government. Oil trade with Europe seems to hit all time heights (although some say that this will change in 2024, we’ll see), but private packages get reverted.

        There are a lot of people who had become sour over this and now support their country while they were against Russia before the “sanctions”. Also, I read somewhere here that oligarchs now tend to return the money back into Russia, improving the economic situation, because of how sanctions on them aren’t based on their actions but only on citizenship.

        Also Forbes reported that $ billionaires in Moscow has grown by 12 and it now shares second place with Hong Kong in the amount of billionaires living there ¯\_(ツ)_/¯

  • juchenecromancer@lemmygrad.ml
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    7 months ago

    Are there really more sanctions on Russia than for the DPRK? Maybe the official sanctions form the UN surpass the DPRK but the “Trading with the Enemy” Amerikkkan unilateral sanctions probably lead to less overall trade.

    • loathsome dongeater@lemmygrad.mlM
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      7 months ago

      Nope. “Most sanctioned” as a metric is nebulous as hell. Absolute count of sanctions passed seems meaningless. A better metric is a crippling effect it as on the subject. DPRK and even Cuba are way “more sanctioned” in that regard. Russia has the benefit of a pre-existing industrial base and being already deeply embedded in the global trade network. Many sanctions were passed against Russia but they did not have the effect the US wanted. Sanctions on DPRK and Cuba on the other hand are the equivalent of trying to smother a baby in their crib. It’s downright demonic.

  • stasis@lemmygrad.ml
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    7 months ago

    how long will russia be this heavily sanctioned for after the russo-ukrainian war is over?

  • lad@programming.dev
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    7 months ago

    Wanted to say that the bunch of local apps that are replacement for the banned ones resemble China. She said it herself at about the same time I thought it 😅