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19 points

There’s a source - in Russian.

Putin has banned taking more than $10,000 of foreign currency out of the country in cash

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32 points

No socialist should complain about this. Preventing capital flight is good, actually. This is also policy in China.

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7 points
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Yeah, thats the implicit and often explicit threat that capitalists make against anyone trying to progress too far economically, “if you do this we will all leave and crash your economy and it will be your fault for not appeasing us”.

If socdems and demsocs were honest or had any fucking courage they’d promote measures against capital flight to limit the powers of the bourgeoise.

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9 points
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Huh. Is this designed to fuck over anybody in particular, e.g. revenge on the European sanctions or is to just to try and keep the economy together after the sanctions?

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26 points
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16 points

Yup. It’s definitely possible for Russia to survive Western divestment long-term but they’ve got to weather the storm first.

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3 points
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