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[quote=Anonymous][quote=Anonymous]While I understand Ukraine’s wishful thinking, we should all remember that nothing is a given just ye except the fact that the Russian economy will be extremely weakened in the next 1-2 years, maybe more if they persist on carrying on this pointless escapade.
A range of outcomes is possible from a universally recognized defeat for Russia to freezing the status quo indefinitely. Any sensible person understands that[/quote]

“Recent data has demonstrated that the impact of international sanctions on Russia was not nearly as dramatic as the 10% contraction that many economists were foreseeing in 2022. The Russian economy contracted by a relatively mild 2.1% in 2022, and the International Monetary Fund has predicted that it will post small, but positive growth of 0.3% in 2023.

Russia began the war with a financial system braced for sanctions. The Russian central bank used currency controls and sharp interest rate hikes to stabilize the ruble early in the first year of the war. At the same time, Russian businesses began exploring deeper ties with countries such as China, India and Turkey, which allowed trade in goods and commodities to largely recover from initial dips at the outset of the conflict.

The biggest reason for Russia's surprising resilience, however, was that it was allowed to continue selling petroleum products, far and away its largest source of pre-war revenue, on global markets. Prices were elevated at the outset of the fighting, and a slow move by many Western nations away from Russian oil and gas gave Russian firms time to broaden their sales to countries such as India and China.“ —VOA[/quote]

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