Who is/will be replacing the missing import? Albeit in smaller scale. Or is someone?
That is a ridiculously huge number, damn. I wonder how accurate that data is.
I did not expect such a number, but this was always on the horizon as the much bigger deal – while people are pulling out each others hairs over fuel. I get it, it’s easier to wrap your head around a “money goes in, gas comes out” discussion
These losses are mangleing Russias business and society to the core – each broken machine, dried up supply chain and job loss at a time.
This doesn’t make any sense. It assumes that every foreign company leaving Russia is a monopolist without any close substitutes for its product, and therefore all of the retail dollars going through its books simply vanishes in to thin air. The reality is that the money that would have gone through, say, Zara’s books now go through the books of some Russian or Chinese brand. Nothing is lost in terms of national GDP.
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Holy shite.
Who is/will be replacing the missing import? Albeit in smaller scale. Or is someone?
That is a ridiculously huge number, damn. I wonder how accurate that data is.
I did not expect such a number, but this was always on the horizon as the much bigger deal – while people are pulling out each others hairs over fuel. I get it, it’s easier to wrap your head around a “money goes in, gas comes out” discussion
These losses are mangleing Russias business and society to the core – each broken machine, dried up supply chain and job loss at a time.
This doesn’t make any sense. It assumes that every foreign company leaving Russia is a monopolist without any close substitutes for its product, and therefore all of the retail dollars going through its books simply vanishes in to thin air. The reality is that the money that would have gone through, say, Zara’s books now go through the books of some Russian or Chinese brand. Nothing is lost in terms of national GDP.