Armstrong
RETIRED TTA
- Joined
- Feb 2, 2012
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US and EU sanctions are already crippling Russia. The Russian economy is predicted to fall to only 1.1 trillion this year due to ruble crash and GDP contraction of -4.7%.
Meanwhile EU economy is 18+ trillion and USA economy is 17+ trillion.
Russia doesn't stand a chance against the economic might of USA and EU.
Thats probably true but then again Iran held out for a decade or more...if Putin really is as mad as people make him out to be...who knows maybe Russia would too. Plus European economies are inter-connected with each other and whereas in the long-term they can move away from each other....in the short-term it could be fairly difficult to isolate Russia and not take some hits in the process !