Did Russia win the war against US & EU? Economic Case Study

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VIDEO INTRODUCTION:
Hi everybody,
It's been two years since Russia invaded Ukraine. And when this war started, many economists in the world predicted that the Russian economy would completely collapse!! Russia was not just in war with Ukraine, it was also battling against the United states and Europion union. So russia was practically fighting an economic war with 2 of the most powerful economies in the world!!But you know what? somehow, inspite of 17,000 sanctions, Russia's economy has not collapsed even after 2 years!!

And this is so shocking that, today, the IMF itself has revised its GDP forecast of Russia, from 1.5% to 2.6%! And, many economists say that there has been no change in the living standards of people in Russia at all!!

In fact, now it is one of the fastest-growing economies among the G7 countries!!!

The question is how did Russia manage to keep its economy afloat even after two years of war?
Why is their secret strategy that is keeping them intact inspite of going against the most powerful countries in the world??
Last and most importantly, what are the lessons that India needs to learn from the extraordinary endurance of Russia?


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✅Study Materials:
1. https://www.ft.com/content/d304a182-9...
2. https://english.elpais.com/internatio...
3. https://www.aljazeera.com/opinions/20...



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