Russia’s war spending and labor exodus are bringing back a Soviet Union economy, IMF official says

by thisisinsider

2 comments
  1. TL;DR:

    * Economic conditions in Russia are similar to those of the Soviet Union, IMF’s deputy manager said.
    * The country is spending heavily while consumption has seen a considerable pullback.
    * Wartime expenditures and a weaker labor force mean tough times ahead for the nation.

  2. Russia won in Ukraine.

    Its economy is doing “just fine”.

    How can we believe this Business Insider BS. There will be a totally different story tomorrow.

    You (and I) get to pick and choose what we want to believe. But the only thing that is for sure is that the Oligarchy is lying to us.

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