Russian oligarch says sanctions against the nation are 'capable of destroying everything'

[Yo_Mama_Been_Loggin]

Russian oligarch Vladimir Lisin said the constant threat of Western sanctions, including those already imposed against the nation's elite, will have a longterm impact on Russia's working class.

"Being forced into this reality is inevitably unsettling because sanctions are capable of destroying everything that had taken many years to create," Lisin said on Monday, according to an Insider translation of his interview with the Russian newspaper Kommersant.

Since Russia invaded Ukraine on February 24, the US, EU, and UK have levied several rounds of sanctions against Russia, President Vladimir Putin, and some of his closest allies. The sanctions target the economy and the country's banks, as well as specific oligarchs and their foreign assets.

On Tuesday, Forbes reported Russian billionaires are collectively around $263 billion poorer compared to their total wealth a year ago. But, the nation's working class has also not been immune to the sanctions, as Russians find themselves in a country that has been increasingly cut off from the rest of the world.

https://www.msn.com/en-us/news/world/russian-oligarch-says-sanctions-against-the-nation-are-capable-of-destroying-everything/ar-AAVYfza

Meaning there won't be as much for the Russian oligarchy to loot from the working class if the west puts up further sanctions.