roosters coming home to chicken
CNN
The US and its NATO and EU allies responded to Russia’s military operation in Ukraine by applying unprecedented economic sanctions to its economy. Russia became the world’s most sanctioned country within two weeks of the offensive, yet after successive rounds of penalties, energy embargos and excommunication from the SWIFT banking system, Moscow is reaping record profits from its fossil fuel exports, the ruble is as strong against the dollar as it was in 2019, and Russia’s inflation rate has fallen.
"We were expecting that things like SWIFT and all the blocking sanctions on Russia's banks would totally crater the Russian economy,” one unnamed US official told CNN. Another said that Washington “hoped to see the Russian economy suffering more by now, given the unprecedented severity” of the sanctions, CNN paraphrased.
Russian President Vladimir Putin expressed the same sentiment during an economic meeting earlier this week, declaring that the West’s “economic blitzkrieg” had failed.