Russia would have just 1 year of money, safety margin in the event of Western sanctions for a nuclear strike on Ukraine - analyst Burkovskyi

He shared his opinion with "Espreso.TV" live on air..

"With nuclear sanctions that can be applied by the West, Russia will have enough money and a margin of safety for only a year, because I emphasize, indeed, the USA has reserves of such sanctions that are capable of destroying any economy in the world. Such an economy as in Russia really won't last more than 8-10 months under the pressure of sanctions,"Petro Burkovskyi said.

The analyst noted that these may be sanctions aimed at complete economic isolation.

"And this is what happened with Iraq. It is absolutely forbidden to use dollar, euro, pound, and yen in trade there - the main currencies in which trade is conducted. This is first. And the second is that all financial transactions are prohibited. For example, if China wants to trade with Russia, then after these sanctions Russia will be the only country China can trade with. Russia is 3% of global GDP and our allies are over 23% of global GDP. Let China choose who it wants to trade with after these nuclear sanctions. This is complete economic isolation. Complete. This will be a worse situation than in North Korea. North Korea has been living under sanctions for 30 years, Russia has not lived under such sanctions for a year and it will not simply last. Its economy is not ready for this.", - he emphasized.

Petro Burkovskyi noted that Russia does not have the capacity to fully supply the domestic market with everything necessary, including medical drugs.

"A very simple example. Russia can provide itself with only 20% of medicines, the remaining 80% are imported, and Russia will not have the opportunity to do all this. This also applies to food, in some matters Russia can provide itself, but in some - not. This is a total economic blockade. The Russian economy simply cannot withstand this pressure," the analyst added.