They did manage to replace most of them with local analogues though. I wish it was the same in the Middle East, instead US and western brands are over represented. I don’t necessarily want it to be imposed on us, Russia was forcefully cut off, but I would appreciate if Western brands were less dominant and I do encourage boycotting them.
I do care a lot about that. Brands claiming they are pulling out of Russia because they got the moral high ground and/or sanctions just to sneak back in because they still can make additional profit in this market. Especially luxury brands. As long as you are rich, you won’t care about sanctions and risen prices. And again the poorest people who are already suffering and are completely powerless politically suffer the most, be it from inflation, drafting, or sanctions. So fuck all those brands for making sanctions even less useful than they are, for catering to the oligarchs who give a fuck about their country going to shit and people dying.
What does it even matter if you can’t exchange it?
All imported goods will be more expensive. So, like, everything.
What does Russia import, and who outside of China and maybe India is importing stuff into Russia?
China and India have about a quarter of the worlds population and GDP…
Unfortunately most western brands still find their way to the russian market.
They did manage to replace most of them with local analogues though. I wish it was the same in the Middle East, instead US and western brands are over represented. I don’t necessarily want it to be imposed on us, Russia was forcefully cut off, but I would appreciate if Western brands were less dominant and I do encourage boycotting them.
wait why do you care if Russians can buy Lululemon?
I do care a lot about that. Brands claiming they are pulling out of Russia because they got the moral high ground and/or sanctions just to sneak back in because they still can make additional profit in this market. Especially luxury brands. As long as you are rich, you won’t care about sanctions and risen prices. And again the poorest people who are already suffering and are completely powerless politically suffer the most, be it from inflation, drafting, or sanctions. So fuck all those brands for making sanctions even less useful than they are, for catering to the oligarchs who give a fuck about their country going to shit and people dying.
You can exchange it over the counter and it also matters in relation to other currencies.