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.
How long do you think draining a country’s economy takes?
That is a pretty silly question to ask, since experts have failed to put a proper time frame on it and have made claims that have not come true. Every country and its circumstances are different so there is no telling.
And I said in my first comment I will believe it when I see it, so what makes you think I thought it would be fast?
All I’m saying is this messaging is not so different from Von der Leyen’s rhetoric in 2022.
It took 4 years for an impoverished Germany, and they were committed to all out war. So 4 years doesn’t sound silly.
Also this article is about it actually happening now, not a prediction
Germany burned itself with all kinds megalomaniac buildings, war machines and expansion on all fronts, and it took the might of the entire allied forces to bring them down.
There have been all kinds of signs and symptoms from day one and every time they said Russia was on their last legs. Russia’s economy going down the drain has been happening since the start of the war and the sanctions. The question is whether it will end the war, of which there are currently very few signs. And as I said the ballistic missile attacks are ramping up, so they still have ample production capabilities.
So in fact, nothing new is happening now and the war in Ukraine hasn’t ended.