Embargo of Russian energy would see Russia’s GDP completely collapse

An embargo of Russian energy would see Russia's GDP completely collapse. Our baseline forecast has GDP fall -30% by end-2022 and does NOT yet put a 100% weight on an energy stop. This number would be MUCH worse in the event of an embargo, making war harder to sustain for Putin… pic.twitter.com/6ZMJceyjH9

— Robin Brooks (@RobinBrooksIIF) March 26, 2022