Why would Russian economy have huge swath of money ripped out of it exactly? We’ve already established that energy is a small sector of the overall Russian economy. Furthermore, Russia is already building pipelines to China, and with the economic growth happening in China and across BRI, it’s pretty clear that Russia will be able to redirect its exports if Europe decides to commit economic suicide. And of course energy prices are going through the roof right now giving Russia further leverage.
Let me reword, if your exports are mostly resources, your economy is fragile. https://www.themoscowtimes.com/2019/03/14/russias-natural-resources-valued-at-60-of-gdp-a64800
The main exports from Russia: https://en.wikipedia.org/wiki/List_of_exports_of_Russia Which is referenced here: https://www.trademap.org/Product_SelCountry_TS.aspx?nvpm=1|643||||TOTAL|||2|1|1|2|2|1|1|1|1|1
Using Exports as the sole measure of the robustness of the economy really tells me that you don’t know much about economics.
Ahh here we go, yes because an economy does fantastic when a huge swath of money get ripped out from it.
Why would Russian economy have huge swath of money ripped out of it exactly? We’ve already established that energy is a small sector of the overall Russian economy. Furthermore, Russia is already building pipelines to China, and with the economic growth happening in China and across BRI, it’s pretty clear that Russia will be able to redirect its exports if Europe decides to commit economic suicide. And of course energy prices are going through the roof right now giving Russia further leverage.