Looks like those maligned sanctions are finally starting to ruin Russia’s economy.
Happy Thanksgiving Vlad.
Link: https://www.newsweek.com/russia-ruble-dollar-currency-economy-1992332
Replies to: Looks like those maligned sanctions are finally starting to ruin Russia’s economy.
Also looks like Vlad's Syrian vassal has a serious problem
Not sure Putin can come to his rescues this time.
Maybe both should be looking into real estate in North Korea.
Link: https://x.com/officejjsmart/status/1862525899595276467
I hope so.
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Dumb as a turkey. Russian current economy is overheating, opposite of what those sanctions intended
to achieve, i.e. recession - collapsing - depression.
Russian GDP is growing rapidly driven by big spending, 4% in first half of 2024. That's too much, leading to inflation. It needs slowdown. Russian's unemployment is too low. They're experiencing labor shortage for this kind of spending and GDP growth. That's why they import many north korea labors.
But, despite dramatic increased government spending, Russian national debts acutally decreased, both external debts and government debts. Russia didn’t borrow to spend like US government did.
Stupid sanctions didn't hurt Russian at all. When it started in 2022, Russia had recession. But the whole Europe had recession then. It was due to pandemic.
Again, western sanctions on Russia were intended to make Russian economy cold. But contrary to that, Russian economy is running too hot, grows too fast which caused inflation.
Putinomics.
He is royally f*cking over his country in every possible way. Maybe this is how he will deter Xi from wanting to take it over after the collapse.
But you probably hope Trump will has a Marshall plan for Putin
Link: https://www.newstatesman.com/business/economics/2024/11/russias-economy-is-doomed
If the war went on another year, the whole rotten Putin structure would collapse
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Moron.
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According to Eli and Cole…all is well!!
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