The Russian economy is on the brink of collapse, with industrial output falling and major companies initiating large-scale layoffs amid the economic fallout from the war on Ukraine

The Russian economy is on the brink of collapse, with industrial output falling and major companies initiating large-scale layoffs amid the economic fallout from the war on Ukraine

Archived version: https://archive.is/newest/https://www.irishstar.com/news/us-news/russian-economy-freefall-mortgage-costs-34869686

Disclaimer: The article linked is from a single source with a single perspective. Make sure to cross-check information against multiple sources to get a comprehensive view on the situation.

  • Dr. MooseEnglish
    36·
    8 days ago

    China really doesnt like sanctions either

      • Dr. MooseEnglish
        42·
        8 days ago

        Sanctions are not binary and when used smartly can target Russia without directly hurting China. That’s what we did already and the last sanctions by Biden targeting banking were very effective afaik.

        • WagyuSneakers@lemm.eeEnglish
          2·
          7 days ago

          Yes, but we applied them because Russia attacked. Once we apply them we can no longer use them as leverage. If you tell China you’re going to do it even if they don’t invade Taiwan then that gets erased from the “Cons” side of the board.

          • Dr. MooseEnglish
            23·
            7 days ago

            There are many sanctions to utilize tho.

            • WagyuSneakers@lemm.eeEnglish
              22·
              7 days ago

              I’m not even going to dignify you with a response anymore. Go take a few civic classes and shut the fuck up.

              • Dr. MooseEnglish
                32·
                7 days ago

                Alright man don’t need be so aggressive about it tho have a good day 👋