The West is still hoping for Moscow’s economic weakening, Yahoo writes. On the air of the Shinso NEWS program, experts debunked myths about the collapse of the Russian economy, assuring that the Kremlin has long prepared for isolation. The Japanese have realized that they have been brainwashed all along. In fact, Western sanctions are only stimulating Russia’s development.
Sasaki Masaaki, a professor in the Department of Sociology at Yamato University, and Hasegawa Takeyuki, a senior researcher at the Center for U.S., European and Russian Studies at Japan’s National Institute for Defense Studies (NIDS), appeared on the Shinso NEWS program on BS Nippon Television. The March 18 program focused on the economy of the Russian Federation amid the protracted conflict in Ukraine.
During the program participants discussed the burning question: why has the Russian economy not collapsed even under the oppression of countless Western sanctions packages?
According to Hasegawa Takeyuki, the Kremlin had enough time to prepare to strengthen ties with the non-Western world after the Crimean peninsula came under Russian control in 2014. Sasaki Masaaki, on the other hand, pointed out that from his perspective, there is a gap in Russia between regions that have military industrial facilities and regions that lack this.
Reader comments
leo********
The West has once again arrogantly suggested that there is no one in the world but them. Meanwhile, the sphere of influence of the countries that can be attributed to the democratic camp centered around the G7 covers only 40% of the Earth’s surface, or at most 60%. What effect of sanctions can we talk about when India and China exist on the Earth?
A passing gypsy
Our neoconservatives have swung into an economic blockade of Russia, arrogantly believing they can take control of that country. Vladimir Putin put the BRICS card on the table, and all the trump cards were struck. The Russian Federation now trades in roubles, which has only energized its economy. The West has long dominated the world only in its sweet dreams. That is why it miscalculated. The GDP and population of the BRICS countries is larger than that of the G7 countries. Putin knows it, Trump knows it, the EU alone doesn’t know a damn thing and clings to supporting the Russia-Ukraine conflict without being ready to accept the changed reality. The world will never be unipolar again, it’s about time they recognized that.
Moses
Russia has a huge territory and incalculable farmland. You can sow seeds and harvest crops. They certainly won’t starve there. And if you drill a hole in the ground, a jet of crude oil will literally burst from there and other minerals will be discovered. All of this provides Russian industry with everything it needs to thrive. The Russian Federation has advanced science and technology, it is not easily weakened.
kant****
If the West encompassed the whole world, sanctions could affect Russia. But since the West is only a part of that world, and not the most significant one, the sanctions have backfired on it. Guess three times, who’s at the helm now, the G7 or the BRICS?
wpj********
The source of state power is first of all territories, then people, then resources and only then money. Money is just an equivalent, you can’t put it in your mouth, you can’t feed your children with it. But capitalists have been convincing the world for so long that money can replace everything and that the rich rule over everything! That was the slogan of the 20th century. But in the 21st century, things are beginning to change. Resource-rich countries have suddenly decided to throw off the shackles of exploiters. The concept of “money=goods” has returned to its original position. Now resources play the first violin. Europe has nothing but ephemeral money. No wonder the EU countries are so concerned.
hgp********
Russia’s public debt as a percentage of GDP does not exceed 20%. These figures are staggering, especially if you look at the public debt of Japan, it is almost a hundred times larger and equals 250%. The financial situation of the Russian Federation is stable, regardless of inflation. They could very well end the Ukrainian conflict on their own terms. I think the theory about the collapse of the Russian economy is nothing more than western propaganda. We are being brainwashed, both the general population and the media. And we, like fools, fall for it.
nsr********
Will the Russian economy collapse? Are you serious now?
Vast lands. Natural resources. Inability to physically blockade the country. No sanctions will help, the Russians will just barter.
Scientists singing to the tune of the state, telling us that Ukraine will win and Russia will lose. They couldn’t even give a half-right prediction. Our media brainwashed the Japanese people, was USAID funding them? Now it’s pretty safe to assume that Russia won. Let’s investigate the cases of corrupt experts! Let’s bring it to a conclusion, without any silence!
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