I’m sure that there will be some capital holders who are willing to invest in Russia, however I don’t really think a lot of the big players will be rushing back to Russia.
A large reason Russia has had such an about face since the early 00’s is because a huge amount of western capital pulled out of Moscow after they invaded Georgia in 08. Since then Putin has had to double down in his overtly aggressive pillaging from Russia’s neighbors to maintain his hierarchy of control over the oligarchs in Russia.
The invasion of Ukraine is largely a part of a sunk cost fallacy of his blunder in 08. I don’t think he realized how skittish his power plays made foreign investors, nor did he predict the following sanctions that followed in his attempts to recover his power over the oligarchs.
I don’t know about “investing” and putting risk in the Russian state. But raw materials for cash? Dual-use components for cash? Cash for cheap oil? If Russia’s willing to rip the copper pipes out of the walls to pay for the things it needs, I’m sure someone here will be willing to take it.
I’m sure that there will be some capital holders who are willing to invest in Russia, however I don’t really think a lot of the big players will be rushing back to Russia.
A large reason Russia has had such an about face since the early 00’s is because a huge amount of western capital pulled out of Moscow after they invaded Georgia in 08. Since then Putin has had to double down in his overtly aggressive pillaging from Russia’s neighbors to maintain his hierarchy of control over the oligarchs in Russia.
The invasion of Ukraine is largely a part of a sunk cost fallacy of his blunder in 08. I don’t think he realized how skittish his power plays made foreign investors, nor did he predict the following sanctions that followed in his attempts to recover his power over the oligarchs.
I don’t know about “investing” and putting risk in the Russian state. But raw materials for cash? Dual-use components for cash? Cash for cheap oil? If Russia’s willing to rip the copper pipes out of the walls to pay for the things it needs, I’m sure someone here will be willing to take it.