i doubt this $1.6T economy is measured same as European #$15T. $15T is all debt and imports. there is no practical GDP.I prefer to think of it like this: they're already backtracking on sanctioning Russia because even a $1.6 trillion shrimp economy can disrupt the global trade system because of a few strangleholds on key strategic resources. It is already causing pain.
What are they gonna do about a $20 trillion giant economy that has strangleholds in every single supply chain? it isn't gonna be about pain anymore. there's no words sufficient to describe it.
The world wide inflation that you see is all due to Russia. it is most dominant economy in this world when measure by water resources. The more it raise the prices of grains. the higher Arabs raise the price of energy in response to be able to afford that food. both sides play this ping pong effectively through OPEC+. Russia always had trade surpluses for past 22 years with lowest debt to GDP. It has complete full cycle Aviation system from Titanium to composites but very little tolerance of assembling stuff for foreign markets.