Crunchy: Russian Economic Stimulus or Collapse - Econ Lessons

[TexasTowelie]

To prevent a Russian Economic collapse there is a proposed metaphorical stimulus plan for the Russian economy. This comes under the wording of the carrot and stick approach to diplomacy. The claim is without Western sanction relief or a general economic warming, the Russian economy will collapse, based on indicators like the labor market, the budget, interest and the Russian Ruble. However, by offering sanctions relieve, or oligarch money returned or warming economic relations this will increase the NX component of Y=C+I+G+ NX and this will flow into the other aggregates. The net effect is a revived economic economy in Russia. Although this video is done in a lighthearted entertaining artistic expressive using carrots, it is nevertheless has an underlying message. That is if we want to make the world a better place for future generations, more economical and peaceful, we have to consider that despots can not be bailed-out. Rather free transparent democracies need to stand together with the ideal of authentic justice as a way to lasting peace.