The Russian economy is growing at a gallop in 2022. The sensational reverse effect of the sanctions
If the economic sanctions against Russia were intended to shrink and bring down the economy they have completely failed, indeed, from the point of view of Russia's economic position internationally, they have managed to raise it in the global rankings.
As this infographic clearly presents based on the processing of IMF 2022 data, obviously with estimates for December, Russia has moved globally from eleventh to ninth place, overtaking countries such as Italy and Brazil
The bad programming of Western countries, primarily the European Union, has meant that any sanction against Russia has proved to be only a sterile and partial cut of Western exports, while the export of Russian raw materials has been kept active until practically December. Not only that, all the obstacles placed on Russian energy products have converted into sharp price increases, especially for natural gas, which have made it possible to increase the value of the positive balance of the Russian trade balance, even in the face of a decline in exported volumes , as you can see in the next image
Western leaders have behaved like stunned ducks by choosing seemingly simple solutions that have turned out to be counterproductive. The real sanction would have been the exact opposite: first of all to finance the production of gas and oil in other countries, in order to bring down prices, and then, possibly and without sanctions, to cut purchases from Moscow. Instead, Von Der Leyen and her acolytes have chosen the most obvious, shortest and most wrong path, punishing European industry, but making Russia's GDP grow. Compliments.
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The article The Russian economy is growing at a gallop in 2022. The sensational reverse effect of the sanctions comes from Economic Scenarios .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/leconomia-russa-cresce-al-galoppo-nel-2022-il-clamoroso-effetto-contrario-delle-sanzioni/ on Mon, 02 Jan 2023 08:00:20 +0000.