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.
  • Vergissmeinnicht@lemmy.caEnglish
    11·
    1 day ago

    And none of those said that Russia’s economy had reached its limits, as you claim.

    “Yale’s Jeffrey Sonnenfeld and his four co-authors declared that “business retreats and sanctions are catastrophically crippling  the Russian economy.”

    Looking ahead, there is no path out of economic oblivion for Russia

    “looking ahead”

    “Predictions of Russia’s economic meltdown continued into 2023, with the New Republic diagnosing Russia as “going broke fast”

    In time, Putin will run out of economic bullets

    “in time”

    And

    “Business Insider editors describing Russia’s economy as “spiraling”

    That one just says that the car industry is falling apart, which was true and the auto industry is now pretty much dead.

    “One of Putin’s own oligarchs, Oleg Deripaska, predicted in March 2023 that Russia may run out of money in 2024”

    A Russian businessman worried about his wealth, really?

    So the article you linked doesn’t say what you think it says and links to articles cherry picking quotes to pretend they are saying something they don’t.

    But yeah, it’s becoming clear why you think you’ve been hearing that Russia’s economy has hit its limits because you’re actively sectively reading stuff to pretend that’s what people are saying.

        • Photonic@lemmy.worldEnglish
          11·
          1 day ago

          In your extremely biased mind where a parallel reality exists they indeed didn’t claim what they claimed.

          Good boy

          • Vergissmeinnicht@lemmy.caEnglish
            1·
            1 day ago

            I guess only in my biased mind is a prediction about the future not a statement about the present.

            Learn about the flow of time.

            • Photonic@lemmy.worldEnglish
              11·
              1 day ago

              Only in your mind is a statement not a statement…

              And at the same time a statement is a question…

              And maybe there are some flying pink elephants around there, who knows, there appears to be a lot of room.

              • Vergissmeinnicht@lemmy.caEnglish
                11·
                1 day ago

                are some flying pink elephants around there

                Aye flying, or will fly?

                Since you can’t distinguish present from future

                • Photonic@lemmy.worldEnglish
                  11·
                  1 day ago

                  are catastrophically crippling

                  Bonus from same article:

                  “the facts are that, by any metric and on any level, the Russian economy is reeling“

                  …

                  is going broke fast

                  …

                  is spiraling

                  …

                  run out of money in 2024

                  (Editor’s note: it is now 2026)

                  • Vergissmeinnicht@lemmy.caEnglish
                    11·
                    1 day ago

                    Ok? Cherry picking much?

                    That’s not the conclusion they reached, is it? That’s the observation they’re making upon which they base their conclusions. The conclusion they all reached is that it will have major impacts at some undefined point in the future. But that is inconvenient for the point you’re trying to make.

                    And Deripaska, still, really? He only cares about his own pockets.

                    (Editor’s note: it is now 2026)

                    And I guess the editor is so far up his own ass, that he didn’t realize Russia has been in a recession since end of 2025?