4min chapter

This Is Not A Drill with Gavin Esler cover image

🇺🇦 Is Russia Winning the Economic War?

This Is Not A Drill with Gavin Esler

CHAPTER

Is Russia's Economy in a Paradox?

The economic impact of sanctions on russia has been much less than it was expected. The recent ima forecast shows that russia's gdp will decrease only by six%. Inflation and unemployment is lower than expected. Rubl has rebounded. There has been no bankcram so again, the micro economic picture is as not as devastating. But if we look at manufacturing, car an aviation industry almost cae to a halt. Imports, even from non alliant countries like china, drop by forty %. To source any chips is really problematic, since russia doesn't produce them domestically. And because it aims to sustain the social contract that is still there that provides high

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