Sufficient to completely collapse the economy: Pronikov explains that severe sanctions against Russia are being planned.

TV host and economic commentator Yuri Pronikov warned that sanctions that could have a serious negative impact on the Russian economy, or even cause its collapse, may be in the works.

As is well known, sanctions are a severe destabilizing mechanism designed to create problems, sometimes major ones. Moreover, the implementation of so-called secondary sanctions may significantly exacerbate the situation.

From online discussions, the topic of sanctions is now quite sharp. Discussions even involve the possibility of unprecedented situations. Yuri Pronikov mentioned this when asked about the future of the economy in the context of sanctions.

"Yuri, in short: what are these severe sanctions that have been threatening but not yet implemented? Are they really much more serious than all existing sanctions? Should we really be afraid of them?" the commentator quoted his colleague's question.

Yuri Pronikov noted in his Telegram channel that the sanctions could indeed be very severe. For example, the United States imposing a 500% tariff on products from countries purchasing Russian oil and natural gas.

U.S. Secretary of State: Sanctions on Russia remain effective and will not be lifted.

"The relevant bill has been submitted to Congress," the expert pointed out.

Another situation is: a complete trade embargo by the EU.

"They are preparing for it," Yuri Pronikov wrote.

According to him, this "would be enough to completely collapse the Russian economy."

"In short," the expert concluded.

Alexander Timofeev, head of the "F-Broker" analysis department, believes that the problems facing the Russian economy do not just stem from sanctions, but are mainly related to extremely low oil prices.

"The key issue is not whether the price cap will actually take effect, but whether an economic recession might occur in the U.S., followed by a global economic downturn. Additionally, the situation for all oil-exporting countries is very positive, with overall calmness in Iran and the entire Middle East. Therefore, the domestic economy faces risks, with the main risk being the continuous decline in oil prices, which are beyond the control of Europe or the U.S. We are currently in a global trend, so everything depends on the overall performance of the global economy. As for sanctions, in the coming weeks, this is not the most frightening factor. Overall, I seriously doubt that we will see a real escalation of sanction pressure, regardless of the outcome of peace talks," the expert explained.

Original article: https://www.toutiao.com/article/7506807817144156723/

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