Comment by antifa

5 years ago

If everyone follows namecheap, this will be a boost to the Russian economy. Putin will be very thankful for namecheap's generous donation of all Russian customers to Russian owned businesses.

3 comments

antifa

Reply
awb  5 years ago

That’s not how global economies work.

Countries depend on each other for goods and natural resources.

North Korea is largely isolated economically and they’re not thanking the world for their self-sufficiency.

Check out Russia’s top 10 imports:

https://www.worldstopexports.com/russias-top-10-imports/

They don’t produce enough computers, machinery, vehicles, etc. to support their population.

If those imports get cut off no one is thanking Putin. You can’t just spin up a national car company or a pharmaceutical company that quickly to compensate. It’s just a loss as quality of life and consumer spending goes down, dragging the economy down with it.

Russia already tried this back when they were called the USSR and it was a disaster. Their envoys to DC thought our American grocery stores were staged because they couldn’t believe the US had fresh fruit available to the average citizen and no bare shelves.

  • antifa  5 years ago

    > North Korea is largely isolated economically and they’re not thanking the world for their self-sufficiency.

    North Korea is trying to establish itself on a foundation of self-reliance. Namecheap's actions confirm the importance of their philosophy.

    Your "That’s not how global economies work." conveniently skips over that namecheap has a large number of Russian customers but probably zero NK customers. North Korea doesn't apply, except as a guide on how Putin can make Russia more self-reliant in the face of NATO.

    > You can’t just spin up a national car company or a pharmaceutical company that quickly to compensate.

    But Russia already has several major car companies, several major pharmaceutical companies, and several web hosting companies...

    Webhosts would probably be the easiest to quickly spin up, especially since it would be company #25 or #125, not the first ones to pave the road.

    You seem completely unaware of the entire 100 years of sanctions practice Russia has, as if Russia would be starting from scratch instead of their long established home grown industries.