Russia is a civilian aircraft producer. There's no need for Chinese airplanes (which they have troubles with).

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Foreigners are not allowed to sell on the Russian stock market from the Russian side [0] and they're generally not allowed to buy from the sanctions side. This means that as a foreign investor you're barred from trading in any useful meaning of the word. Buy and hold in the hopes that you might be able to maybe some day sell, whether that's in a year, ten years, or a hundred, is not really a viable strategy. That's also the reason why investment and asset management companies of all sizes are trying to find their exits from the Russian market, see for example Van Eck [1], just the latest addition in a long line of many:

> Regulatory and market conditions do not currently permit the Funds to conduct transactions in the local Russian market.

[0] https://www.reuters.com/business/finance/limited-russian-sto...

[1] https://www.vaneck.com/us/en/blogs/emerging-markets-equity/r...

The post you are quoting did not say they closed the stock market. They said they “closed off” the stock market, which implies denying access to certain classes of investors.

That said, I’m not finding anything about Russia prohibiting foreign investment, but I am finding a lot about sanctions prohibiting dollar and Euro investment in Russia.

> Their GDP is growing faster that all other major Western Economies

Growth that depends entirely on government spending can only last so long... First you blow all your reserves, then if/when you start printing money and hyperinflation kicks in even if the nominal GDP in the domestic currency appears to be rising, real GDP falls fast.

Because Russia's essentially a petro-state, they had sizable cash reserves with which to prop up their economy. Now you can see with the price of the Ruble that they've run out of the will to prop it up using foreign reserves (probably running low on foreign currency) and most estimates of their economic growth is that it'll stall or they'll see a recession for 2024 and beyond.

> The US & EU are not serious about winning this war, mostly because they don't have confidence in themselves that they can.

You're right that the west isn't serious. It's not that they don't think we can, it's that they're afraid the slightest hit to our living standards will erode support. While they might be right, we're sleepwalking into an even worse scenario...

I don’t think it’s lack of confidence. Rather, the public wouldn’t support the costs and sacrifices necessary.

> sanctions don't have a goal

You missed the goal of sanctions on Russia?

> MIL complex is on over drive

This is correct. The Russian economy is doing fine.

> mostly because they don't have confidence in themselves that they can

This is wrong. It’s a resource-commitment problem. Not one of capabilities or confidence.

What? The EU and US aren’t in the war at all. We’re almost 3 years into Russia being unable to conquer a country 1/3 their size right on their border.

On top of all the damage done to them, and their advanced EW capabilities that have been captured and sent for analysis in the US, and exact knowledge of things like Kinzhal, the lost flag ships and submarine, the modern sea drones - this war is a disaster for Russia.

The US and EU aren’t even involved and Ukraine is holding its ground. Russia is doing so poorly that they’re not even considered a threat anymore in the West.

Their “GDP” numbers belie systemic economic weaknesses that show up when they have to BARTER for food. That’s how worthless their currency is.

Russia is basically completely pathetic at this point - they can terrorize countries that share a land border with them but can’t project power even past Ukraine.

They had to import starving North Koreans with antique shells and Iranian RC toys. Some superpower.

The US and EU don’t care about the war in the same way someone with a Ferrari doesn’t have to race someone with a Honda Civic - because they’re not a threat. Let the person in the Honda rev their engine and scream that they’d win - they’re just stupid. They look stupid.

They’ve lost what, 500k soldiers? They’re so much weaker than the Soviet Union it’s laughable.

The rest of the world disrespects them so much that they had $300B worth of Russian assets outside their country - and they were all seized. That was half their famed “sanction proofing”! What are they going to do about it? Nothing.

They have “hot” GDP based on faux demand for wartime goods - as they trade Rubles for oranges because nobody wants their currency. Does that sound viable to you? Laughable.

There's an argument that the US did everything to prevent Europe from coalescing into a single force and only want Europe to be a single market, not much more, for instance by convincing Eastern European countries to trust their protective umbrella rather than the French-German domination.

Sanctions against Apartheid South Africa ended: https://en.wikipedia.org/wiki/International_sanctions_during...

Sanctions on Iran were relaxed in exchange for partial cooperation: https://en.wikipedia.org/wiki/International_sanctions_agains...

I guess we don’t say that USA had “sanctions” against the Soviet Union, but there was a monumental improvement in economic relations after the Soviet Union collapsed, no? So we have a direct example from history from the same region.

I would say that Vietnam also shows that economic relations can improve a lot even without a fundamental change in the regime.

China is also an example where economic relations improved.

I don’t see any reason to think that sanctions can’t be lifted. But it may require a complete collapse of Putins regime/party for it to happen on a short timescale. Is there any reason to think USA wouldn’t be willing to open up to a new leadership if they have a radically different attitude and pull out of Ukraine?

If Russia turns into something like North Korea or Iran, then yeah, the outlook is not good. But why should it be?

From a game theoretical point of view: I don’t think any leader of any country wants to end up like North Korea, so the precedent being set is good.

What is "the fleet"? This hits different companies in different ways. S7 which prior to the war was a very well received and modern airline has a meaningful number of those. For S7 31 out of 39 planes (with those engines) are out of service or about to go out of service. The total fleet today is only around 85 planes depending on how you count, and most of the planes that were ordered are not being produced for S7 at the moment. That's a pretty significant blow to the airline.

It's also hints at the much larger maintenance problem that Russia has.

Yeah, it’s more about the maintenance requirements of these models than anything else.

The comment you replied to says that they can’t meet demand due to insufficient supply (due to grounded aircraft). Very high occupancy is consistent with that. If Delta suddenly had half as many aircraft they would always be full too.

Counterintuitively, yes, because air travel is a Cournot good and you grow/make money by expanding supply (more planes), which they can’t

It's bad if half of your fleet is also grounded.

But that would imply Russia becoming a neo-colony of the US, like the two mentioned countries. Which I don't think would ever happen, I think Russia would chose MAD over that if forced to make that choice. Russia under Yeytsin was already drifting towards becoming something like that, and has been firmly going in the other direction ever since

The things a mess though. It might be better to have some sort of freeze and then figure something to stop them repeating the process.

maybe the us and nato should back away? at least ukraine is on russias border wtf are we doing there

i do object to your use of the word "genocide" when there is a literal U.S. backed genocide occurring right now in gaza