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First of all, let me say, Russia is an otarchy. A nation which has everything in natural resources.

Interesting analytics. As a Russian, let me make a couple of comments. 1. You named 1 million people who left Russia, but did not say where they went and how many returned. And statistics showed that they leave mainly to neighboring countries, they left only during the mobilization, more than half returned when the mobilization was over. It's hard to leave a country with the usual high standard of living from family and friends. Those Russians who have left are breaking away from culture and the country, and it is changing every day. 2. The working class in Russia cannot just leave everything and leave, firstly, many have loans and mortgages, secondly, most people work not at private but at state-owned enterprises with very good and stable salaries, as if hospitals, factories or the post office, they have nowhere and no need to run. They live the same way. Nothing has changed. Read it strictly with a Russian accent

19:37 Russia didn't ban transactions - sanctions did. I couldn't pay for my Spotify by the 1 of March of 2022

Got friends from Russia and they said that tho food prices exploded at the start, now it is even cheapier than before the war, the Russian government has also being investing a lot in infrastructure and heavy industry, so a lot of people now have good paying jobs

17000 sanctions?? 😲😲😲... No country would hv survived such restrictions, particularly India

No German Shepherd was not harmed in this video😂

There are 3 types of economies: Market economies, Command economies and mixed economies. The Russian economy is a mixed economy. As a matter of fact, no economy can be a 100% market economy. The US economy, for example, is also a mixed economy.

another statement that 1000000 Russians left Russia in 2022 which is more or less true, but not mentioned that around 80% of them already returned back.

German shephard was not harmed in this video🤡

No Dalub tatti was harmed in this video 😂😂😂

20:30 В России килограмм картошки стоит 20-30 рублей, держу в курсе

This shows one thing - You gotta have strong international friends you can trust :)

4:14 no german shepher was harmed in this video 😂😂

"As some people say" at 4:11 - somebody just got owned

There is some information which I would like to correct. 1. Industrial output grew not only in military industry, but in many other industries thanks to import replacement process, local businesses rushed to fill the gaps which occurred due to some foreign brands decision to leave Russia. 2. Labor shortage was a problem even before the war, but became bigger after the war started.

When you started to compare Market economy (India) vs State Economy (NK) - there is no reason to hear anything further. Absolutely delusinal!

4:13 damn that was smooth....

4:14 Now 14 year old kids will get offended Iykyk... 😂😂

@4:14 to @4:18 That was smooth. 🔥 And thank you for such an informative video. 😊

In India, you can transfer INR to foreign currency up to $8,000 with no problem. But if you go over that, you gotta pay 20% tax. So India's economy isn't as open as some might think.

4:13 No German shepherd was harmed in this video

no German shepherd was harmed in this video

I'm from Russia. The conclusions that makes the guy are completely wrong. The state economy (planned economy) is much more stable compared to a market economy. We in Russia remember how Stalin's USSR fought with Hitler. Germany smelted twice as much steel, but produced fewer tanks than the USSR. The USSR was forced to send about 20-30 million adult men to war, while the country did not experience problems with food, because the planned economy ensured an even distribution of resources. The main advantage of the USSR was that it did not need to spend billions on the luxury of the rich - expensive houses, cars, personal planes, yachts. There were no rich people in the USSR.

Bro ruined whole propoganda of German shepherd with a single line 😅😅😅

This man destroyed Mr. Rathee in Seconds... 🤣🤣🤣🤣

That sly dig at Dhruv was amazing 😂

If Russian can grow this much during a war time scenario, imagine how much would they grow without the war in Europe?

no german shepherd harmed in this video😂

You said 1 million Russian left their country in 2022 because of Ukraine-Russo war. But the interesting part is, in Germany alone more than 300K Russian ethic left Germany and went back to Russia (maybe they were afraid of anti-Russia sentiments). But what if it also happens across Western- and Eastern European countries and they goes back to Russia. the numbers would be more than 2 million.

Dude you deserve a national award and you are the most eligible one out of 90% who got their first...All the best❤

Russia prepared for this war post 2014 sanctions. He played game of chess with support from China since 2018.

You are 100% correct that India has to turbocharge its manufacturing capacity.

Man….!! What a phenomenal detailed research and analysis 🙌🏻 thanks..🙏🏻

Bro took a jibe at German shepherd

Bro love how you logically break things down. How you present your chain of thoughts. Keep up the good work bro. I will surely see you someday!

That subtle shot makes this video so wholesome. @4:14

Bhai German Shepherd ka Mazak mat udaao, uska Baap Jail me hai. He is sad 😂

3:52 India is not a Market Economy . It is a Mixed Economy which is a combination of both State and Market Economy

4:14 Ooofff sooo smooth , Smooth operatorrr !

Market economies are dead and have been dead for a long time, even the us is a mix of state run economy and market

Secretly roast rathee. 😂😂😂

No dhruv rathee harmed in this video 😂😂

I learned new thing today 'Shadow fleet' a way to bypass sanctions in international waters. 👍🏻

This video actually attained my interest enough to keep me watching all the way through. Many videos of this length would have failed to do so and for that you have my thumbs up and subscribed. Thank you.

German Sheppard bow bow, think school Wow Wow! Great content

dhruv rathee:- kuku fm🤡 Think school :- Geek for geeks🗿

Always learn something new from this channel. Keep up the good work, Ganesh!

Sun Tzu in his book “The Art of War” rightly said - “There is no instance of a country having benefited from prolonged war” … think it also summarise what this video is trying to communicate. It would be very interesting to see how this pans out for Russia.

Silent roasting 😂

4:16 Bro casually roasted dhruv rathee 😂

Чисто с точки зрения "А что было бы" видео интересное, но вся шутка в том что Европа довольно успешно побеждает сама себя

The “Shadow Fleet” study described in this video is already published back on 6th Dec 2023 from Bloomberg Originals under the video title as “The Shadow Fleet Fueling | Russia’s war”.

We need more case study. Thank you Ganesh for your efforts.❤

Putin has balls made of steel😅

Nobody is saying it’s already dictatorship. People like Dhruv rathee is talking about prevention of dictatorship.

Russias survival isn’t surprising. The country had its industrial and and productive farmlands occupied during ww2 and they did not collapse. They managed to roll the Germans back with lend lease aid from the US and win. Even without US aid it would have not collapsed due to Russian willpower and grit (a deeper explanation requires extensive knowledge of Russian history). All predictions of Russian collapse were optimistic at best. However it is false to say they are winning, at best they are surviving. The reason the economy survived so far is because they switched to a war economy. The best way to achieve a high GDP growth is by building weapons- the fast growth rates ever recorded were during WW2. The US economy grew from 1940 to 1945 by 70%, nearly doubling its economy increase because of the insane amount war related production. This not sustainable though the government will eventually run out money to manufacture equipment. It is important to note that US or EU haven’t switched to war production, so their industrial might isn’t being used yet. The Russians on the other hand are doing everything they can, but they still haven’t made much progress against Ukraine, who is surviving of donations at the moment. So who is really winning.

*Hello Team Think School. To my best knowledge, India has been getting crude from Russia at much lower prices & Russians agreed due to sanctions imposed. Then how come their margins improved or remained same. Please help understand correctly. Thank you*

If you don't think india is going to become dictatorship you are absolutely in right mindset continue supporting your "papa"

I totaly agree with the closing remarks of being ready to grab opportunity....we have lost may until now but we shall prepare for everything next...

Wow what a amazing video. Thank you for the clear explanations . From Australia

Hi sir. i just saw your video on national logistic policy and i just loved how you explain the concept in simple words and also brief on all major variables. And i hope that our government will take water scarcity problem even more seriously than logistics as the rising heat is rapidly drying up many lakes. I am looking forward to more videos related to decisions taken by our government and thank you so much for the efforts you put in making each videos❤❤

Great video !! Please share us how your process of video making is as well the presentation methods that you use .

Phenomenal analysis, hats off to the crew, kudos keep up the pace ❤

Russia is like south indian movie hero that keep standing after got shot by manny bullets 🤣🤣🤣

Not gonna lie your videos are great binge worthy content. I wait for you to upload new video

Keep doing this types of videos bro...your case studies are unique❤❤..

Short summary of the video In the UKposts video "Did Russia win the war against US & EU? Economic Case Study," the speaker examines Russia's economic resilience despite two years of war with Ukraine and economic sanctions from the US and EU. Contrary to expectations, Russia's economy has grown, with a projected GDP growth of 2.6% this year. The speaker attributes this to Russia's market-run economy, which allows the market to control production, enabling Russia to adapt and grow in the face of international conflict. The speaker also highlights the differences between market-run and state-run economies, using the examples of India and North Korea, and discusses how Russia's military sector is experiencing a boom due to increased wages and oil and gas exports. Despite challenges such as inflation and a volatile currency, Russia's economy grew by 3.1% in 2023, while Ukraine's plunged. The speaker urges India to learn from Russia's experience and adopt market-run economies, avoid relying on war for economic growth, and focus on manufacturing to take advantage of export opportunities. 00:00:00 In this section of the UKposts video titled "Did Russia win the war against US & EU? Economic Case Study," the speaker discusses how Russia's economy has not collapsed despite two years of war with Ukraine and economic sanctions from the United States and European Union. Contrary to predictions, Russia's economy has grown, with a projected GDP growth of 2.6% this year. The speaker attributes Russia's economic resilience to its market-run economy, which allows the market to control production instead of the government. This approach allows Russia to adapt to changing circumstances and continue growing even in the face of international conflict. The speaker also highlights the importance of understanding the nature of a country's economy and the role of market forces in shaping economic outcomes. 00:05:00 In this section of the UKposts video titled "Did Russia win the war against US & EU? Economic Case Study," the speaker discusses the differences between a market-run economy like India and a state-run economy like North Korea. The speaker explains that in a state-run economy, businesses don't prosper due to inefficiency in resource management and a slow response to market trends. The speaker then shifts the focus to Russia, which was expected to collapse economically due to sanctions but instead turned out to be a market-driven economy. The Russian economy quickly found new suppliers to replace those lost due to sanctions, with China becoming a major import partner. Additionally, military spending has significantly contributed to Russia's economy, making up almost 6% of its GDP and creating over 3.5 million jobs. 00:10:00 In this section of the UKposts video titled "Did Russia win the war against US & EU? Economic Case Study," the speaker discusses how Russia's military sector is experiencing a boom due to increased wages, leading to a labor shortage in other industries and causing wages to rise across the economy. The speaker also explains that Russia's economy is not collapsing due to the sanctions against it because of its reliance on oil and gas exports, which have seen increased profit margins due to the price spikes in the global market. The speaker uses the example of oil, which accounted for a significant portion of Russia's exports before the war, and notes that even though the quantity of oil sold may have decreased, the revenue and profit margins have remained the same or increased due to the higher prices. The speaker concludes by mentioning that Russia has replaced some of its lost trade with the EU with increased trade with countries like India and China. 00:15:00 In this section of the UKposts video titled "Did Russia win the war against US & EU? Economic Case Study," the speaker discusses how Russia's economy has not collapsed despite EU countries spending $30 billion less on Russian oil in 2023. China has made up for this loss by increasing its oil purchases from Russia by 45%, and Russia has also been using a "shadow Fleet" to sell oil to European and Indian countries without abiding by sanctions. Russia has become China's biggest supplier of oil and India's second biggest, allowing Russia to make significant revenue. However, Russia's economy still faces challenges such as a volatile currency, the transfer of money out of the country, and the depreciation of the ruble with respect to the Yuan. Despite these issues, Russia's GDP grew by 3.1% in 2023, while Ukraine's plunged by 29% and 4.9%, leading some to question if Russia's economy is truly booming. 00:20:00 In this section of the UKposts video titled "Did Russia win the war against US & EU? Economic Case Study," the speaker discusses the economic challenges Russia is currently facing due to inflation and the depreciation of the Russian Ruble against the Chinese Yuan. The highest inflation rate in Russia was 17.8% in April 2022, and as the ruble depreciates, inflation in the country increases, leading to an increase in interest rates. The speaker also notes that the Russian economy is currently being kept afloat by the war and mineral economy, but the aftermath of past wars has shown that a war boost in the economy is often followed by an economic crisis. The speaker urges India to learn from Russia's experience and adopt market-run economies, avoid relying on war for economic growth, and focus on manufacturing to take advantage of export opportunities.

THINKSCHOOL TEAM, KUDOS, YOU PEOPLE ARE DOING A GREAT JOB EDUCATING PEOPLE! KEEP IT UP!!

The explanation is really great. That's why I love your videos.

Don't poke German shepherd. His master is in jail.

Bro working hard for the next award 😂

Excellent analysis as always, in this polarized world im happy think school doesnt propel political narratives. Its unbiased based on facts. Economics and businesses principles. Absolutely amazing

Brilliant analysis

Im so happy I found this channel, very well presented thank you 😊

Response to a sanction that didn't work last time is to try it again.

love u and your video's research

out of the three problems you discussed, the first two are valid 2 years ago and the third isnt a real problem because pre war inflation and post war recession will cancel out each other

Damn man!!!! I came to comment that "No Duggal Sahab was harmed in this video" but looks like everyone beat me to it😅😅

Bro do one video about how GST is to able to detect huge amount of tax evasion and GST fraud

That "so if India was a dictatorship Nation like North Korea as some people say" hits so hard 😂💀. No it's not dictatorship nor is it becoming one, right guys ?

Bro India is not dictatorship, it's going towards the path of dictatorship. Correct your source❤

Hey, can you please make a video on the collapse of the USSR from a economic POV

China actually run a slight trade deficit against Russia due to its importing way more raw materials than before. Which is a good thing since the trade is mostly balanced. Meanwhile Russia can’t seem to import anything of value from India 😂

Does this guy realy argue that Russia is driven by "market"? What market is that? It's not the capitalist free market I can assure you that.

Firstly ,i love your content but Dhruv never said India is under dictatorship 😂😂 He said india is heading towards it🫠 I feel it's true

but sir one doubt if wages in russia is increasing why they are not outsourcing then ?

This video didn't mention some nuances about Russia economy, at first, Russia actually started exporting much more amount of products to such countries as China and India, but the problem is that countries has non-convertible currency, and payments for products, that Russia exports, are mostly made in that currency, which make the majority of profits locked in particular economy. So because of this, Russia is forced to import something or invest in their economies rather that convert revenue into rubles and boost what important for Russia. At second, despite Russia don't have fully state-owned economy, it actively increasing their share in overall GDP, by deprivatisation of companies, that was in state possesion when USSR exists, but transfered to private ownership when Soviet collapsed. Recently there was a situation, when stocks of some metallugry company was forcebly transfered to Russia from private owners, who even bought this stocks from others non-state parties, because goverment stated that privatisation process, that took over that 30 years ago, was made against state's will (wtf). At third, author didn't mentioned about migrant workers, who will replace those, who was conscripted or moved to work in military sector. So because of this Russian companies are more interested in migrant workers, and trying to gather more cheap labor in order to not increase salaries, and Russian goverment actively increasing theis work migrant's quotas in order to satisfy the request. And at final, Russia have a special "national prosperity reserve", that goverment actively use for covering excessive spending on military. So even if exporter's revenue are rising in dollar equvalent, it doesn't mean that they can actually use all of the money they earn. But of course, despite of all I said, Russian main exporters, who are all mostly state-owned companies, still managing to export their products in exchange for convertible currency, which they sell and spend into exsessive producing of rockets and weapons and nothing left for real people's prosperity.

It should make you question whether it was to weak Russia or to weak Europe or weak both?

They underestimated Russia's economy, definitely, dont ever underestimate someone even if they are weak

It has nothing to do with the State run economy and market run economy. Sanction would have been working if there is no alternative like China available.

I think you need to make it more as "Government owns State Bank" or "Private owns Central Bank" to get w wider picture. You can trace the reason of the war from that.

Thanks a lot! Gave a great perspective 👌

4:30 bhai but sugarcane id important for sugar mafia and modi friend Adani is one of major sugarcane purchaser in india You can link this

Can you please elaborate more on the reason why manufacturing is the way to go if we want to prosper as a nation? Why not other global services, r&d, banking etc can be the major contributors?

4:16 "As some people say" XDDDD

Russia is one of its kind nation which is self sufficient… it is not dependent on energy, food etc on other countries.. they have wonderful resources… west try to control them by putting sanctions on technology availability but Russia found a way to get technology what they wanted

Such a great analysis. As a student of economics you're great. Superb Ganesh, keep going!!!🖤 Gonna watch the Saudi video now🙂

*Bro destroyed dhruv in a minute* 😂😂😂

He misled the audience saying somebody called India a dictatorship nation whereas it wasn't mentioned anywhere in the noted video that the country is already under dictatorship. Again, in recent video, he put the title "Dictatorship in India Confirmed?" although there was nothing in the video about the freedom of people and fair election. This channel has been so helpful for the business point of view. Please don't wash your hands in the dirty river.