In 2013 Moscow 's gdp was 2.2 trillion. 2 years, 1 little annexation, and a couple of puny sanctions later, it crashed to 1.4 t.
Those sanctions were pathetic compared to the absolutely biblical punishments Moscow will be experiencing over the coming years.
Things look very bleak for imperialists like you. Sorry to tell you but you might end up exactly like your Nazi Azov brothers, flushed down the sewer.
Russia is not only winning on the battlefield, but are kicking ass economically too.
Russia's ruble is the strongest currency in the world this year
The Russian ruble is the best-performing currency in the world this year.
Two months after the ruble's value fell to
less than a U.S. penny amid the swiftest, toughest economic sanctions in modern history, Russia's currency has mounted a stunning turnaround. The ruble has jumped 40% against the dollar since January.
Why the ruble recovered
The main reason for the ruble's recovery is soaring commodity prices. After Russia invaded Ukraine on February 24, already high oil and natural gas prices rose even further.
"Commodity prices are currently sky-high, and even though there is a drop in the volume of Russian exports due to embargoes and sanctioning, the increase in commodity prices more than compensates for these drops," said Tatiana Orlova, lead emerging markets economist at Oxford Economics.
Russia is pulling in nearly $20 billion a
month from energy exports. Since the end of March, many foreign buyers have complied with a demand to pay for energy in
rubles, pushing up the currency's value.
Russia's ruble is the strongest currency in the world this year
Russia is winning the economic war - and Putin is no closer to withdrawing troops
The perverse effects of sanctions means rising fuel and food costs for the rest of the world – and fears are growing of a humanitarian catastrophe. Sooner or later, a deal must be made.
It is now three months since the west launched its economic war against
Russia, and it is not going according to plan. On the contrary, things are going very badly indeed.
Russia is winning the economic war - and Putin is no closer to withdrawing troops | Larry Elliott
Is America the Real Victim of Anti-Russia Sanctions?
By misjudging the size and importance of Russia’s economy, the West might have taken steps toward its own isolation
Remember the claims that Russia’s economy was more or less irrelevant, merely the equivalent of a small, not very impressive European country? “Putin, who has an economy the size of Italy,” Sen. Lindsey Graham, R-S.C., said in 2014 after the invasion of Crimea, “[is] playing a poker game with a pair of twos and winning.” Of increasing Russian diplomatic and geopolitical influence in Europe, the Middle East, and East Asia, The Economist
askedin 2019, “How did a country with an economy the size of Spain … achieve all this?”
Seldom has the West so grossly misjudged an economy’s global significance. French economist Jacques Sapir, a renowned specialist of the Russian economy who teaches at the Moscow and Paris schools of economics,
explained recently that the war in Ukraine has “made us realize that the Russian economy is considerably more important than what we thought.”
Anti Russia Sanctions Have Backfired on America
