The great geopolitical minds in the US didn’t foresee China and India replacing the EU as Russia’s oil/gas customers. This is why elites in echo chamber parroted that Russia’s economy would crumble and Putin would be overthrown in a coup. Free speech cancelled by groupthink.
by wakeup2019
1 comment
“Russia’s economy contracted by 2.1% in 2022, after a 5.6% expansion in 2021, mainly due to unprecedented international sanctions and direct-war costs due to its invasion of Ukraine. Also, deepening labour shortages due to partial mobilization and the exodus of Russian citizens from the country weighed on the country’s economic activity. It was still a much softer contraction than an earlier prediction of over 12%. Although wholesale & retail trade (-12.7%), manufacturing (-2.5%) and transportation (-1.8%) were some of the sectors which saw a decline in 2022, agriculture (+6.7%), construction (+5%), hospitality (+4.3%), public administration (4.1%) and financial services (+4.1%) advanced the most. On the expenditure side, private spending (-1.4%) and net external demand contributed negatively to the GDP, amid steep declines in exports (-13.9%) and imports (-15%). By contrast, fixed investment (+3.3%) and government spending (+2.8%), likely boosted by military spending, increased.”
[source](https://tradingeconomics.com/russia/full-year-gdp-growth)