The Russian economy (catch all)

[Firn]

A snapshot:


Let us combine those four basic points:

1. Russias federal budgets depends over 50% on commodity revenues

2. Most of it's commodities get exported, making up the vast majority of the exports

3. The Western World + Ukraine import roughly 80% or those

4. Russia trade share of the the EU+USA is closer to 5 then 10%


Clearly Russia is economically absolutely impervious to any trade actions of the G7 or discouting Japan, the US + EU while the latter have to shudder in fear of the Russian economic might.

This sounds pretty simplistic but is an excellent anchor from which to look at some of the interesting details...