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Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says (www.businessinsider.com)

submitted 1 week ago by [email protected] to c/[email protected]

5 comments fedilink hide all child comments

cross-posted from: https://lemmy.world/post/21521751

Summary

Regardless of Putin’s decision regarding the war in Ukraine, Russia’s economy is facing a crisis due to factors such as sanctions, a shrinking sovereign wealth fund, and a labor shortage. The war has boosted growth, but Russia cannot sustain it without significant economic consequences.

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[–] [email protected] 7 points 1 week ago

Russia is basically in an unending economic crisis since 1990.

[–] [email protected] 7 points 1 week ago

People who have been wrong about absolutely everything over the past two years are sure to be right this time.

[–] [email protected] 6 points 1 week ago (1 children)

Sure... Any day now...

[–] [email protected] 2 points 1 week ago (1 children)

I don't think this is a "next morning" thing tho. I think i'll be more insidious just like what's happening in the us, railroad starting to fail, education taking a dip, higher mortality rates, stuff like that scattered over the years.

[–] [email protected] 3 points 1 week ago

Given that Russia is now reindustrializing as the result of the war, seems like the opposite would be happening.