Absolutely, they’ve already been very creative just to keep it up this long.
Like buying equipment at mandated low prices, and preventing the weapons industry going bankrupt with mandated bank loans.
The term “house of cards” has never been more true, than it is for Russia right now.
I don’t have hard data, but I strongly suspect Russia is already exploiting the old tradition of not paying workers and suppliers for months. Because their economy is in the shitter.
I’ve been in the “by summer” camp since late last year. But now that we are getting closer, I’m not so sure.
For sure if the military part is taken out of the economy, the Russian economy is in steep decline. Meaning a relatively smaller “real” economy is lifting a bigger burden.
It won’t be enough to save them, but it will slow down their collapse.
Absolutely, the Russian economy is heading for collapse, it’s kind of already slowly collapsing, deficits everywhere, high inflation and high interest rates. Which combined makes it a very tough situation to get out of. The economy has already been damaged so much that it will take decades to recover the Russian economy to where it was before the war.
Absolutely, they’ve already been very creative just to keep it up this long.
Like buying equipment at mandated low prices, and preventing the weapons industry going bankrupt with mandated bank loans.
The term “house of cards” has never been more true, than it is for Russia right now.
I don’t have hard data, but I strongly suspect Russia is already exploiting the old tradition of not paying workers and suppliers for months. Because their economy is in the shitter.
I’ve been in the “by summer” camp since late last year. But now that we are getting closer, I’m not so sure.
For sure if the military part is taken out of the economy, the Russian economy is in steep decline. Meaning a relatively smaller “real” economy is lifting a bigger burden.
Absolutely, the Russian economy is heading for collapse, it’s kind of already slowly collapsing, deficits everywhere, high inflation and high interest rates. Which combined makes it a very tough situation to get out of. The economy has already been damaged so much that it will take decades to recover the Russian economy to where it was before the war.