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One of the richest men in Russia has stated that Russia is fine despite the sanctions…
Ok, so there is no reason to lift them is there?
Schrodinger’s sanctions. They’re simultaneously completely ineffective and a devastating attack on the Russian people.
The amount of billionaires in Russia has increased by 22 people during the first year of the war. That’s while some of them dropped out of windows. Deripaska is one of those who benefited immensely, so for him everything is bloody amazing and he’d welcome even more sanctions.
I assume both can be true at the same, devastating for the working class yet ineffective for the oligarchs.
Cool, so they won’t mind if we keep them
A continent-spanning economy will always have a baseline level of self sufficiency.
On the other hand, without the sanctions, Russia might have enjoyed an economic boom over the past couple of years, strengthening Putin’s hand further. Preventing that seems like an acceptable outcome for the sanctions, even if they failed to provoke an economic collapse as some Western leaders had hoped.
Cool, well… Have fun.
Deripaska has lost a lot of wealth in the last decade. He has hit all time low in 2022. But his wealth is finally recovering and has increased by 50% for 2023. Yeah, he’s having fun, all’s good for him.
That’s what they all say (Russian officials)