this post was submitted on 16 Apr 2024
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[–] Arcturus@lemmy.dbzer0.com 24 points 7 months ago* (last edited 7 months ago) (3 children)

Sanctions have been a blessing for Russia and China. Seems like they just make massive economies more self-sustaining and global south-oriented.

[–] Alsephina@lemmy.ml 16 points 7 months ago

Russia's bet on the Global South century

Well, it's less of a bet and more like their capitalist ruling class was forced into it because of the sanctions. But it's been shaping up to be a good thing for Russia overall, and that should get even truer as China overtakes the US.

[–] Manmoth@lemmy.ml 10 points 7 months ago* (last edited 7 months ago)

The West has basically removed itself as a competitor to Russia ergo subsidizing the cost of building industry by simply leaving a void. It was so obvious that the sanctions were going to blow up in our face.