this post was submitted on 29 Sep 2022
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[–] yogthos@lemmy.ml 3 points 2 years ago (1 children)

Sure, but that was the whole idea or the articles: it’s not certain how much is it going to cost in the end, and how long it will take. And how the future sanctions will affect. You repeate the same stuff like a broken record. It will take over a decade to get the volumes to the same level with Europe’s imports.

And I'm going to repeat once again that cost is driven by demand, and there is no reason for demand to drop. The sanctions have had no effect because only western countries are participating. All the sanctions do is increase price of energy in Europe because Europe is now buying Russian gas through third parties.

Russia is missing capability to do trade with Europe and Northern America. I’d call that pretty profound effect.

I would not call that profound effect because there is no evidence to support the idea that this had any profound impact on life in Russia. We see profound impact on life in Europe however. Also, you may not realize this but western companies losing business in a country of 150 million also hurts western companies. Any damage done to Russia by this process is symmetrically reflected on the west.

You think Europe and North America are going to trade with Russia using yuan or rubles? 🤣

No I don't. I simply don't think Europe and North America matter to Russia as trade partners in the grand scheme of things. Russia has plenty of trade partners without the west. Meanwhile, the west has not been able to secure alternatives to Russian commodities. Your chauvinism clouds your judgment. 🤣