Four years after Russia's full-scale invasion of Ukraine, the Russian economy is showing clear signs of structural exhaustion. The contours of a genuine economic endgame are coming into view for Russia. This is the finding of a new Kiel Report published by the Kiel Institute for the World Economy and the Stockholm Institute of Transition Economics.
Man I dont know about the missiles. But yeah I feel we read this article every week. “Sanctions are about to grind russian economy to a halt”, “Russias oil industry about to implode”, “Russian war industry about to hit its limit”.
It just never really seems to do so.
No you haven’t, for 2-3 years it was predicted, difference now is that it’s actually happening.
Most of us thought Russia would collapse sooner, but now it’s actually here. The Russian economy and infrastructure is collapsing, with widespread fuel-shortages despite heavy rationing, and fuel so expensive farmers can’t afford to harvest.
The Russian federal economy is out of money, their wealth fund is used up, and they’ve sold gold reserves to get by beginning already months ago.
Where did you see that claim? Seems a lot like a straw man to me, because everybody have said all the time that the Russian war industry will be the last to be affected by the economic collapse. Because it has the highest priority.
They have been having widespread fuel shortages but yeah, they can keep limping along until they cannot I guess.
The media tend to oversensationalize things, the Russian oil industry imploding isn’t happening yet, but it has gone down to the point that nearly all of Russia is struggling to find enough fuel.
Killing off an economy takes forever, the effects of sanctions are slow, especially if an economy propped up by war time spending. But no amount of financial propping up can save an economy if its energy demands can’t be met. To be fair, Ukraine isn’t even close to disabling Russia’s energy infrastructure, they’re only seriously hitting one aspect of it.