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this post was submitted on 09 Jun 2023
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Sacrifice "much" of its economy? Isn't that a little exaggerated?
No it's going pretty badly. The energy price spike took out a ton of industry that is very unlikely to come back. If the current state of things is maintained it will just be a large loss. If similar shocks hit a few more times they'd be looking at deindustrialization.
Which tons of industry have been took out? The energy spike is over. I think all energy costs are now higher than the day before the invasion.