Four years after Russia's full-scale invasion of Ukraine, the Russian economy is showing clear signs of structural exhaustion. The contours of a genuine economic endgame are coming into view for Russia. This is the finding of a new Kiel Report published by the Kiel Institute for the World Economy and the Stockholm Institute of Transition Economics.
  • Photonic@lemmy.worldEnglish
    11·
    13 hours ago

    Funny, you must really be blind or illiterate, because you read right past:

    “Yale’s Jeffrey Sonnenfeld and his four co-authors declared that “business retreats and sanctions are catastrophically crippling  the Russian economy.”

    And

    “Predictions of Russia’s economic meltdown continued into 2023, with the New Republic diagnosing Russia as “going broke fast”

    And

    “Business Insider editors describing Russia’s economy as “spiraling”

    And

    “One of Putin’s own oligarchs, Oleg Deripaska, predicted in March 2023 that Russia may run out of money in 2024”

    Funny how that works. And you wonder why people ask you questions to check your knowledge about a certain topic…

    it supports the opposite of the point you’re trying to make.

    In my initial comment a few days ago, if you can even think that far back (idk, it seems like you might not) I said I will believe it when I see whether or not the Russian economy is actually at its limits. The article supports that. People keep saying it is

    catastrophically crippling

    Or

    meltdown

    Or

    going broke fast

    Or

    spiralling

    Or

    run out of money

    But it wasn’t. And now:

    hits its limits

    So I said I will believe it when I see it. And I will, but I haven’t seen it. That’s all.

    • Vergissmeinnicht@lemmy.caEnglish
      11·
      13 hours ago

      And none of those said that Russia’s economy had reached its limits, as you claim.

      “Yale’s Jeffrey Sonnenfeld and his four co-authors declared that “business retreats and sanctions are catastrophically crippling  the Russian economy.”

      Looking ahead, there is no path out of economic oblivion for Russia

      “looking ahead”

      “Predictions of Russia’s economic meltdown continued into 2023, with the New Republic diagnosing Russia as “going broke fast”

      In time, Putin will run out of economic bullets

      “in time”

      And

      “Business Insider editors describing Russia’s economy as “spiraling”

      That one just says that the car industry is falling apart, which was true and the auto industry is now pretty much dead.

      “One of Putin’s own oligarchs, Oleg Deripaska, predicted in March 2023 that Russia may run out of money in 2024”

      A Russian businessman worried about his wealth, really?

      So the article you linked doesn’t say what you think it says and links to articles cherry picking quotes to pretend they are saying something they don’t.

      But yeah, it’s becoming clear why you think you’ve been hearing that Russia’s economy has hit its limits because you’re actively sectively reading stuff to pretend that’s what people are saying.

          • Photonic@lemmy.worldEnglish
            11·
            13 hours ago

            In your extremely biased mind where a parallel reality exists they indeed didn’t claim what they claimed.

            Good boy

            • Vergissmeinnicht@lemmy.caEnglish
              1·
              13 hours ago

              I guess only in my biased mind is a prediction about the future not a statement about the present.

              Learn about the flow of time.

              • Photonic@lemmy.worldEnglish
                11·
                13 hours ago

                Only in your mind is a statement not a statement…

                And at the same time a statement is a question…

                And maybe there are some flying pink elephants around there, who knows, there appears to be a lot of room.

                • Vergissmeinnicht@lemmy.caEnglish
                  1·
                  12 hours ago

                  are some flying pink elephants around there

                  Aye flying, or will fly?

                  Since you can’t distinguish present from future

                  • Photonic@lemmy.worldEnglish
                    11·
                    12 hours ago

                    are catastrophically crippling

                    Bonus from same article:

                    “the facts are that, by any metric and on any level, the Russian economy is reeling“

                    …

                    is going broke fast

                    …

                    is spiraling

                    …

                    run out of money in 2024

                    (Editor’s note: it is now 2026)