Ah yes, another highly-coordinated cooperative action by the global anti-imperialist powers. /s
I know, I know, that’s not what this sub is about, but it’s kind of what Lemmy is about.
“Signs of imbalances in the economy are increasing," said Heli Simola, a researcher at the Bank of Finland, but "Russia will still be able to continue financing the war for some time. The war won’t end because Russia is running out of money.”
Really? I’ve looked at it in a reasonable amount of detail for an amateur and it seems dire to me. Another 2 full years would be impressive.
I mean, definitely, that describes their military situation thus far. This guy is qualified enough to know something I don’t, too.
It would seem that at some point they’ll just straight up have less stuff in Russia than the Russian government is ordering. They’ve been solving it by squeezing borrowers so far, but they’re at credit card levels of interest right now, and you’d assume that lever gets diminishing returns at some point, once people stop bothering with central bank loans entirely.
I have trouble picturing the Putin regime as the kind that can power through hyperinflation and empty shelves on ideological fervour alone. It’s pretty greed-based. (They could also do austerity and try to buy less, but so far they’ve gone for inflationary pressure between the two; it’s easier to blame someone else for)
Ah yes, another highly-coordinated cooperative action by the global anti-imperialist powers. /s
I know, I know, that’s not what this sub is about, but it’s kind of what Lemmy is about.
Really? I’ve looked at it in a reasonable amount of detail for an amateur and it seems dire to me. Another 2 full years would be impressive.
I think we forget just how long things can stay shitty and teetering on collapse.
I mean, definitely, that describes their military situation thus far. This guy is qualified enough to know something I don’t, too.
It would seem that at some point they’ll just straight up have less stuff in Russia than the Russian government is ordering. They’ve been solving it by squeezing borrowers so far, but they’re at credit card levels of interest right now, and you’d assume that lever gets diminishing returns at some point, once people stop bothering with central bank loans entirely.
I have trouble picturing the Putin regime as the kind that can power through hyperinflation and empty shelves on ideological fervour alone. It’s pretty greed-based. (They could also do austerity and try to buy less, but so far they’ve gone for inflationary pressure between the two; it’s easier to blame someone else for)