Russo-Ukraine War: how long can the Russian economy keep it up?

Russian-soldiers

Revelations 13:16-18 “Also it causes all, both small and great, both rich and poor, both free and slave, to be marked on the right hand or the forehead, so that no one can buy or sell unless he has the mark, that is, the name of the beast or the number of its name. This calls for wisdom: let the one who has understanding calculate the number of the beast, for it is the number of a man, and his number is 666.”

Important Takeaways:

  • One key question about the Russo-Ukraine War is: how long can the Russian economy keep it up? After all, the intention of Western economic and financial sanctions against Russia was to cripple Russian growth and render its war machine incapable of maintaining the fight.
  • Russia’s heavily-oil-dependent economy is estimated to have lost over $100 billion as a consequence of oil sanctions.
  • Yet economies at war often find a way to keep going for longer than one might think, provided that domestic citizens retain faith in their leaders
  • The current violent attacks by Hamas on Israel may even have had, as one of their goals, a rise in oil prices – after all, Russia is a significant Hamas backer.

Read the original article by clicking here.

Leave a Reply