174
you are viewing a single comment's thread
view the rest of the comments
[-] avidamoeba@lemmy.ca 4 points 2 days ago* (last edited 2 days ago)

Many effects took place. That said I think you're wrong about the speed of the effects. There were quick and sizeable effects. However Russia simply reshuffled the economy. Russia, or any country, doesn't need to export or import anything if they're self sufficient. They can replace the lost income from those exports with public investment into something else. For example military production and soldiers. And that's what they did. Now Russia isn't self sufficient but China has filled the gap for their high tech import needs and is taking Russian fossil fuels in exchange. So is India. Given that Russia has both markets for its export and sources for its necessary imports, I don't believe there's any further effects from sanctions we could expect. That's how I read the tea leaves anyway.

[-] andrew_bidlaw@sh.itjust.works 2 points 2 days ago

Russia doesn't export high tech into China if I read you right. And it doesn't produce much for it's authonomy in spite for the move for импортозамещение or replacing exports. It still depends on things they import, including chips for military production and some casual things like home devices, ingredients for brewing etc.

[-] avidamoeba@lemmy.ca 1 points 2 days ago

I meant they are not self-sufficient in tech but they can fulfill those needs by importing from China and India.

[-] andrew_bidlaw@sh.itjust.works 1 points 2 days ago

Partially, but most goes through grey channels and would do so. Intel 13k, nVidia 4k, they all happen to get there from China but with more and more variable locations on the way.

load more comments (1 replies)
this post was submitted on 15 Oct 2024
174 points (95.3% liked)

World News

38837 readers
2375 users here now

A community for discussing events around the World

Rules:

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS