According to Fursa, the Russian economy “has a large margin of safety,” and the sanctions do not “destroy the present”, but “take the future”.
A strong fall of the ruble and the fall of the Russian stock markets is the reaction for the preparation of new, more stringent anti-Russian sanctions. This was stated by investment banker Sergey Fursa.
“Unfortunately, the Russian economy has a large margin of safety, so in the near future will not collapse. Sanctions, of course, have a negative impact on the Russian economy. But rather, they take the future than to destroy the present,” said Fursa, answering audience questions during a live chat on the website the editor-in-chief.
“The collapse of Russia need Ukraine, but are unlikely to need global players, because nobody wants to see 20 new Caliphate with a nuclear bomb,” – said the expert. “Of course, the collapse of Russia is a risk factor. At the same time, for Ukraine, which due to emigration will soon face a shortage of cheap labor, the potential collapse of Russia can become a factor in the inflow of the labour force itself,” said Fursa.
“Now the U.S. Congress has drafted a much more powerful bill on sanctions against Russia, which could significantly hit the Russian economy. And what we see today – the strong fall of the ruble and the fall of the Russian stock markets is the fear of those potential sanctions that may enter in the near future”, – said the expert.
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