Central banks warns of 3rd consecutive slowth of growth (0.6%) could slip in to recession before years end with a contraction of 0.5% in the final quater….

by Thehippikilla

21 comments

  2. Been hearing this since the 3 month of this special operation. Fake news comarad

  3. “Could”? More like already did a few months ago, Depression next. Possibly Famine

  5. Recession is not good enough. Karma demands a great depression with bread lines, mayhem, and military collapse . At the very least.

  6. I would argue they are WELL into a depression.

    Although they helped BOOST the economy with internal lending, the country as a whole has been down for more than 2 quarters, and I do not see them coming out of it without regime change internally, so I predict a small civil war, period of Warlording between the oligarchs with PMCs. and then finally stabilizing after shedding internal national entities.

    We are in for a bumpy ride, folks, and a WHOLE new genre of russian movies.

    * Recessions are often defined as two consecutive quarters of negative gross domestic product (GDP) growth, but the National Bureau of Economic Research (NBER) makes the official determination.
    * Depressions, meanwhile, are more prolonged periods of economic decline.
    * The primary difference between a recession and a depression is the length of time and the severity of it.

  7. Let’s be honest—it doesn’t really matter when it comes to Ukraine. Russia won’t stop the war because of the recession—it will always find people and have the funds for killing equipment.

  8. My understanding is that they basically been in a recession with boosted numbers from war spending and then data manipulation

  11. Ask the Central bank chief: Best brains left years ago. Private initiative is killed. The state force banks to buy it’s shitty bonds, and even resort to issue china bonds. Rosstat was shut down start war. War chest is empty. Little new tanks, private investments down the drain, civilian sector starving. No more good pay for killing. Regulation Soviet style is on the rise. What a trainwreck, Alexander the third approved.

  13. Split that 💩 country up so it can’t do a damn thing.

  14. Crash and burn baby a good dose of starvation and more deprivation might wake the dulled masses

  15. All available numbers are totally made on orders. Most of the vital statistics are not available for more than a year. Ruble is a shadow currency nobody wants and the last batch of US sanctions will take a huge toll on the export energy market of Russia. Hungary’s energy sales are not going to save energy companies in Russia.

  17. Government Officials changing the meaning of “recession” over and over. The new normal

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