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"What they propose to do is a recipe for long-term stagnation," an economist said. Russia's trade with both sanctioning and non-sanctioning nations is way down.
Russia's isolation from the west is a disaster for the long-term health of its economy, experts told Insider. Trade isolation limits what Russia can import, making production more expensive. Russia's situation will also greatly decrease its status as an energy superpower. Russia's resilience in the face of sanctions surprised experts.