Coming soon - Get a detailed view of why an account is flagged as spam!
view details

This post has been de-listed

It is no longer included in search results and normal feeds (front page, hot posts, subreddit posts, etc). It remains visible only via the author's post history.

0
What if, on 24 Feb 2022, the West told Russian oligarchs that they have 30 days to move their fortunes out of Russia and publicly condemn Putin?
Author Summary
OmOshIroIdEs is in Russia
Post Body

Help me understand why that’s a bad idea. Wouldn’t that have been more effective at crushing the Russian economy in the early days of the war? That would’ve also invested massive amounts of money into European markets.

Those, who manage to do it in time, wouldn’t face sanctions. The time window could be larger, or even extended to the present day. A further condition could be donating a certain sum to the Ukrainian forces.

In the early days of the war and with Russia being cut off SWIFT, the expectation was that the Russian economy to collapse soon. A way out would’ve made people eager to sell their assets, even at an undervalued price, to salvage at least a part of their fortunes.

Not everyone would’ve managed to do it in time, but that would’ve crushed the rouble and create widespread panic in the country. Of course, the deadline could’ve been extended beyond 30 days later on.

What actually happened, is that some oligarchs did move to the West during the war (e.g. Friedman, Usmanov) but then had to return to Russia, because they were sanctions so heavily. They then reinvested into the Russian economy, because they didn’t have a choice.

Author
Account Strength
100%
Account Age
5 years
Verified Email
Yes
Verified Flair
No
Total Karma
89,949
Link Karma
44,638
Comment Karma
44,438
Profile updated: 2 weeks ago

Subreddit

Post Details

Location
We try to extract some basic information from the post title. This is not always successful or accurate, please use your best judgement and compare these values to the post title and body for confirmation.
Posted
10 months ago