Continuing the war means the economy faces stagnation, while ending it would shut off the massive defense spending that's driven growth, Alexander Mertens writes.

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.

  • gravitas_deficiencyEnglish
    41·
    2 months ago

    All China wants is the mineral and petroleum reserves in Siberia. They don’t give a fuck about the population centers in western Russia.

    • ByteJunk@lemmy.worldEnglish
      19·
      2 months ago

      I’m sure they can be re-educated as well as any other minority… (/s but not really)

    • Jumpingspiderman@lemmy.worldEnglish
      2·
      2 months ago

      Really. There’s nothing in Russia that can’t be had easier just by buying it. And all the Russians worth a damn have gotten the hell out of Russia.