I’d honestly expect the Russian GDP to see some modest growth in the near future. You see, whenever nations start frantically shifting their savings into massive public spending sprees, you usually end up seeing a spike in GDP—and often a pretty significant one at that. Just look at how American citizens' savings fueled such an incredible surge in US real GDP back in the decades leading up to WWII; we're talking about a 75% jump in just four years, moving from age 41 to 45. That wartime production alone practically doubled the entire US economy.
As long as Russia has the cash flow to fund this massive expansion of their manufacturing base, they’re going to make it happen. And honestly, they can probably scrape together hundreds of billions of dollars relatively easily if they need to.
Personally, I wouldn't sweat those specific categories too much. If you want to know what actually matters, look at oil prices; that is significantly more vital to the survival of Russia's war efforts and the stability of the nation itself. At the end of the day, this isn't a society or a civilization with the kind of internal spark needed to truly dictate global trends. Their only real edge is geography—specifically, that staggering amount of resources they have per capita. When they can dump those resources onto the global market and snag a decent price, Russia is a powerhouse. But when they can't? Then Russia starts retreating.
By the way, did you see this? It looks like banks from China, Turkey, the UAE, Kazakhstan, Turkmenistan, Kyrgyzstan, Uzbekistan... well, everyone seems to be jumping on board with the US sanctions against Russian Banks.
Countries that Russia considers "friendly", contrary to expectations, fully joined the Western sanctions against Russian banks. According to RBC, this was announced at the Wall Street Journal conference on Tuesday by Vice President of JP Morgan Alexander Rakhmanin.
According to him, “colleagues” from China, Turkey, the United Arab Emirates and even post-Soviet republics, including Kazakhstan, Uzbekistan, Kyrgyzstan and Turkmenistan, refuse to work with Russian credit institutions that have fallen under restrictions.
Expectations that a queue of those wishing to Help Russia would Lin up in China turned out to be futiti : The largest "states" - Bank of China, ICBC, China Construction Bank - refuse to accept payments from banks from the Russian Federation that fell under blocking sanctions, Rakhmanin said.
https://www-moscowtimes-ru.translate...en&_x_tr_hl=hr