Remember that Russia only has an economy of the size of for instance Italy. This war is very costly for them, a lot of equipment is old shit and for a lot of their weapon systems they need parts produced in the west, but sanctions.
Some arguments to that:
1. The Russian army is getting paid in rubles only. This here is the currency exchange rate from Ruble to Euro; after the war there was a backlash, but it's actually quite stable now and more worth than before. In 2021 it was around 0,012, now it's around 0,016. (Diagram by Google).
So stability of currency is not an issue for Russia, it's more that they were kicked out of SWIFT. So as long as Russia can pay its soldiers, fighting can go on.
2. Russia is the 2nd biggest weapon producer on the planet. It's right, that one important question is how many of their weapon system are dependant on Western suppliers. Again something I would not count on too much of it, because it was always Russias military doctrine to manufacture as much as possible on their own. It's probably the more modern the weapon system, the more dependant on Western supplies... unless China is able to fill some of these gaps. Who knows.
Also Russia has a domestic industry to produce chips and other semiconductor stuff. While this is considered to be no match for the global market, and kind of backward (they've reached 28nm processing as new height), some of them might be still more than good enough to power weapons.
But if nothing else goes, manufacturing thousands of new AK47s probably will not take much parts to begin with.
3. Russia sits on vasts amount of oil. So running out of oil is not an issue for the Russian army. Also many ressources, which you else need to run an army, are in available in the country. Not all of them, but many.
4. Yeah sanctions, well... they for sure have an impact. Which is clearly visible, when for example car manufacturers no longer can put ABS or ESP in their new cars in Russia. But overall the more important question is: who really in Russia does suffer due to these sanctions, which parts of the society?
It will not have a big impact on the rich and elites, if any. Middle class yes, quite much, but lower middle class to poor again not so much. We should not forget that during the good old times of the USSR many families traditionally had their own little dacha, where they were used to plant their own crops and raise animals to survive. The productivity of these small plots were in total so significant, that in some terms they've dwarved the back then state owned farms. And big parts of the Russian population still depend heavily on this old system to survive, with the help of friends.
So my believe is that the sanctions mostly hits the middle class in Russia; but the poorer and really poor not so much, because they've always doing stuff their own way, and just will continue like that because they still are so poor that they never could afford to buy Western good to begin with.
5. While outdated and whatnot, Russia still sits on tons of old stuff. Stuff, which they can still use to kill people.
6. I'm pretty sure that Putin will only too gladly use also that war to get rid of parts of the Russian economy which did not support him in the past.
7. Secretary General of NATO, Jens Stoltenberg who for sure has good access to intelligence reports, stated mid of June that while nobody can ever tell how long a war will last surely that this war could last for years, and will most likely end at the negotiations table. (
Ukraine war could last for years, warns Nato chief). I'm pretty sure he had good reason for that assumption.
So it's for me a mixed bag. Again, what will come we are going to see. But I'm still pretty skeptical that this conflict will be over soon, which is sad. The major point will be if Ukraine will be able to launch a succesful large-scale counter-offensive operation, or not.
Also Ukraine is dependent now 9 billion US$ every month on Western aid money due to its crippled economy, which is another problem if the West will not increase help payments. (
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