If the author is here: ask some people in Russia/Ukraine/Argentina/Venezuela if they think the financial crisis will ever arrive.
I have family & friends in Russia. Stores still have bread and milk. Prices are in Rubles and so are incomes. It is harder to get dollars, and iPhones cost more, but normal everyday things are more or less normal.
Russia has had plenty of time to prepare. In 2014 the west showed that we were and were not willing to do (in response to Crimea).
They have domestic computers (MCST) - not wonderful but they work, domestic aircraft (military and civilian), domestic silicon fabs (65nm but that is plenty fast if you avoid electron apps), domestic automobiles.
Every person I ask replies with "What crisis? Is that what they tell you in USA? Haha, even gasoline prices haven't risen here. How are they there?"
Think medical equipment, home appliances, rural labor support (tractors, chainsaws, etc.) recreation (skis, racquets, etc). The rest will still be greatly impacted by factories not having access to western supply chain parts.
> daily life of the middle class will not be affected
…ugh this is actually a wild theory. Every thing that relies on an import is now 30% more expensive.
> T-40 ( colloquial - sorokovka , sorokan) is a brand of wheeled tractor produced by the Lipetsk Tractor Plant from 1961 to 1995 [1] .
> LTZ-60 is a wheeled tractor of traction class 1.4 manufactured by the Lipetsk Tractor Plant , designed to replace the obsolete T-40 . Produced since 1991. Due to bankruptcy, the tractor was discontinued.
The factory is bankrupt.
They did in Moscow, within the last decade...
It may make some medical equipment but it's missing a lot of medicines. Russia doesn't even produce its own insulin, let alone more exotic things like cancer treatment drugs.
All the fabless semi conductor companies (Baikal, Elberus) only have recent designs for foreign nodes. Are you aware of any MCST chip that shipped in larger number on 65nm produced in Russia if this node is supposedly available since the early 2010s in Russia?
I am asking like that because all Elberus chips smaller than 90nm seem to be fabbed by TSMC in recent years. [2]
The Elberus chip supposedly on 65nm clocks at 0.8 GHz.
Also I agree that the sanctions were well targeted not to hit Russia's poor but focus on the middle class upward instead.
[1] https://youtu.be/N_4R4X7AWtU
[2] https://www.yumpu.com/en/document/read/54543367/the-elbrus-a...
It always has, we always will. Why are you doubting the community now, of all times?
Banned music transport
etc etc
It's just numbers. You can store funds on a 1¢ flash drive or calculator!
If that's a year later, after you've done a hand to hand, so what?
That actually got me interested on if it would be possible to get the blockchain encoded and printed on paper (and bound as a book of course). https://ollydbg.de/Paperbak/ can do 0.5 megabytes on a sheet of A4, so 1MB if you double side it. The current size of the Bitcoin blockchain is ~400 gigabytes, so only 800,000 sheets of paper! Growing at around 1.5 sheets an hour forever.