One area where sanctions are likely to bite is the chips and similar electronic doo-dads, needed to replace war materiel. As the Russians lose equipment in Ukraine and need to rebuild, if they don’t have access to modern chips, that can undercut their ability to rebuild.
Well, true enough but I suspect that its greatest impact will be just to allow/cause Russia’s invasion to take longer.
Sanctions start to bite ordinary Russians:
Predictions of inflation hitting 30%.
House-buying out of reach due to interest rates.
Ick.
Too bad, so sad. They need to wake up and do something about their country (easier said than done, I know).
Here’s a list of at least some of the companies that are removing themselves from Russia/Belarus. It’s a gifted link, so it should work for everyone for the next couple weeks:
Goldman Sachs just announced they were leaving Russia too.
Some developments in Britain: sanctioned oligarchs frozen out of companies they helped create; British business players being pressured to resign from boards of Russian based companies operating in the west.
Further to the Visa/Mastercard issue noted above, Russian tourists in some SE Asian countries, notably Thailand and Indonesia (Bali), are unable to access any cash from ATMs.
You think maybe we’re going too far with this?
No. Let them go home and tell everyone they know that Putin has screwed up, and the world is now essentially off limits to Russians. Enjoy your lineups for essentials.
Putin has a hate -on against Western things? Fine then - No Russians will be allowed to have Western things. Don’t like this? Then get rid of Putin.
no… and I hope this happens on a way broader scale - with 100s of 1000s of russians stranded worldwide… that might turn up the heat for Mr.P. somewhat and open another headache for him. And I hope that 99% of those stranded are Karens 
and it’s just a “Russians, brace yourself for what your future life will be like again” No more Thai vacations, its back to your dacha in Sochi
At this point, would those guys want to go home? I wonder whether they’d be better off staying in Thailand or Indonesia, assuming those governments let them stay, rather than going home.
Is a typical Russian better off being an illegal immigrant in Indonesia or being back at home?
One of my freelancers in Russia wants to leave but she has elderly parents to take care of. I don’t think many Westerners appreciate how difficult pulling up roots and leaving one’s country (and family, even if it is an extended one) really is. People who say, “why don’t they just leave?” haven’t stopped to put themselves in the dissident’s shoes.
Yup, my Wife and I are going to get out of the mountains when we retire. Just us, no kids. We’ve lived in our first and only house for 30 years. The thought of leaving is daunting to say the least.
Very interesting article, though I found the opinion of the interviewee at the end both interesting and telling: “I’m against the war in Ukraine,” he said. “Why was it necessary to take this drastic action [and] bring about this crazy economic downturn? They should have reached an agreement.” I wonder what sort of “agreement” he thought would be appropriate.
Submission, probably.
I’m sure it’s difficult, but in this particular case I was referring to those that had already left, if only on vacation, and were caught while already away. They might be better off staying where they are and building a new life for themselves, even if where they are is Thailand or Indonesia rather than Europe.
How are they going to do that without access to any money, without speaking the language, and without a work visa? Those are all barriers.
The same way the Hondurans, Guatemalans, Salvadorenos, etc. who come to the US without a visa do it.
US National Security Adviser Jake Sullivan said they were “communicating directly, privately to Beijing that there will absolutely be consequences for large-scale sanctions evasion efforts or support to Russia to backfill them”. “We will not allow that to go forward and allow there to be a lifeline to Russia from these economic sanctions from any country, anywhere in the world,” he said.
Withdrawing my comment. Missed an article above.