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How is Russia not Financially Crippled?
(lemmy.world)
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this post was submitted on 17 Jan 2024
329 points (98.2% liked)
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well yeah, but the US had barely any sanctions against it. (unlike russia.) everyone was just like "they helped us in this war. they must be the good guys. let's import more Fords and Boeings"
I don't think sanctions really work that well if I'm honest. Cuba has been sanctioned for what 60? 70? years now and while it isn't exactly a world superpower it's still here and doing pretty well given the circumstances
Cubans are exceptionally poor.
No they aren't. They have similar wealth to other Caribbean nations, being richer than places like Jamaica and Haiti but poorer than Trinidad or the Dominican Republic. In global terms they rank 83rd, so above average, and they have a relatively high development index, I.e. pretty good health care and education. They might seem poor to you, but they're actually richer than most of world.
This is exactly right - and Russia and the Russian people experienced this lifestyle in the Soviet Union. They are fully prepared to endure it once again...
After all, the elites & sub-elites will still get everything that they want, and the Russian people thesmelves are not doing any worse than folks in third world countries (that's for sure!) which manage to putter along under their own corrupt oligarchs, rain or shine.