I’ve read both that russias economy is doing well shifting to a wartime economy and it’s approaching on collapse any day now. I don’t know what to believe.
Predictions of a Russian economic collapse—made almost uniformly by Western economists and politicians at the start of the war in Ukraine—have proven thumpingly wrong
The cost to Russia of Putin’s imperialism is not collapse, it is the huge loss of lives, and the future economic pain and job losses that will be needed to bring inflation back under control
It’s not going to collapse, but they will need to take drastic changes to keep financing the war with taking money from firms and even normal people at some point.
I’ve read both that russias economy is doing well shifting to a wartime economy and it’s approaching on collapse any day now. I don’t know what to believe.
They’re using NKnshells and are firing 70% less shells than the start of the war. The production cap is not close to a war economy…
From the article:
Predictions of a Russian economic collapse—made almost uniformly by Western economists and politicians at the start of the war in Ukraine—have proven thumpingly wrong
The cost to Russia of Putin’s imperialism is not collapse, it is the huge loss of lives, and the future economic pain and job losses that will be needed to bring inflation back under control
It’s not going to collapse, but they will need to take drastic changes to keep financing the war with taking money from firms and even normal people at some point.