Why would Russian economy have huge swath of money ripped out of it exactly? We’ve already established that energy is a small sector of the overall Russian economy. Furthermore, Russia is already building pipelines to China, and with the economic growth happening in China and across BRI, it’s pretty clear that Russia will be able to redirect its exports if Europe decides to commit economic suicide. And of course energy prices are going through the roof right now giving Russia further leverage.
Why would Russian economy have huge swath of money ripped out of it exactly? We’ve already established that energy is a small sector of the overall Russian economy. Furthermore, Russia is already building pipelines to China, and with the economic growth happening in China and across BRI, it’s pretty clear that Russia will be able to redirect its exports if Europe decides to commit economic suicide. And of course energy prices are going through the roof right now giving Russia further leverage.