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Russia's economy has entered the death zone

economist.com

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Re: Russia's economy has entered the death zone

#21

Post by tliltocatl »

krautburglar wrote: post #5

[flagged]

Not that you aren't factually right with regards to all modern technology being funded thru MIC, but USSR/Russia had exactly the same kind of MIC and has miserably failed at converting it to something profitable in the past. No reason to expect anything different this time - it's probably even worse because every successful entrepreneur that wouldn't leave the country ends up in prison. That said, there isn't much of good news for Ukraine either, sadly. The fat man slims down but the thin one starves to death.

Re: Russia's economy has entered the death zone

#23

Post by dijit »

mdavid626 wrote: post #11
vondur wrote: post #9

Earlier quoted context omitted.

That is probably true, but if they are selling at a loss, it can only go on for so long.

Ukraine might have less time than Russia does. Russia only has to survive 1 day more.

I agree with your point overall but realistically speaking, its not like the death of Ukraine will fix Russias economy, even if it did: not in a single day.

You can exhaust yourself completely and be dead on your feet.

Doomed, is the expression.

Re: Russia's economy has entered the death zone

#24

Post by k_bx »

ericmay wrote: post #12
k_bx wrote: post #3

As a Ukrainian at war since day 1 – I don't buy it. They will sell their gas at discount to China until the very end. Military force is the only way to get them to the death zone.

> They will sell their gas at discount to China until the very end. Yes and no. There's a minimum price they need to sell it, and somewhere in between they may not actually make enough between the minimum and sale price to actually fund their military. Nevermind the awesome job you guys are doing blowing up refineries and other industrial facilities. It'll be good when Europe stops importing Russian gas and steps up…

Thank you sir, I wish your words will eventually come true

Re: Russia's economy has entered the death zone

#25

Post by nikkwong »

tonymet wrote: post #7

Déjà vu … Since Crimea Invasion Russia’s Economy Is On the Brink of Collapse" – CNN Business, December 2014. "The End of the Putin Era? Russia’s Economy Is Tanking" – Newsweek, December 2014. "Russia Heading for Economic 'Colossal Collapse'" – BBC News (quoting Alexei Kudrin), December 2014. "How the Oil Price Collapse Could Topple Putin" – The Guardian, 2015. "Russia’s Economy Is a Mess" – The Atlantic, February 201…

https://tradingeconomics.com/russia/gdp-growth-annual

It does look like the war is taking it's toll, though. It is said that the annual growth in GDP is expected to be negative for 2026.

Re: Russia's economy has entered the death zone

#26

Post by casenmgreen »

mdavid626 wrote: post #13
tonymet wrote: post #7

Déjà vu … Since Crimea Invasion Russia’s Economy Is On the Brink of Collapse" – CNN Business, December 2014. "The End of the Putin Era? Russia’s Economy Is Tanking" – Newsweek, December 2014. "Russia Heading for Economic 'Colossal Collapse'" – BBC News (quoting Alexei Kudrin), December 2014. "How the Oil Price Collapse Could Topple Putin" – The Guardian, 2015. "Russia’s Economy Is a Mess" – The Atlantic, February 201…

Yes, it seems like that’s the propaganda. The free speech democratic West, instead of reporting about the objective truth, tells us half truths for their own benefit.

No.

1. News outlets look to sell stories - and so catchy headlines. Real value is optional.

2. I expect you could find a range of contrary views over the same time. I've read good analysis saying economy will just keep going.

3. Try going to Russia and see what you find in the way of half-truths or free speech.

Re: Russia's economy has entered the death zone

#27

Post by zh3 »

k_bx wrote: post #3

As a Ukrainian at war since day 1 – I don't buy it. They will sell their gas at discount to China until the very end. Military force is the only way to get them to the death zone.

As a strong supporter of Ukraine, I would say ultimately wars are won or lost by economic forces (the side that can't afford it any more loses). That's how the USSR lost the Cold War, and all I can hope is that all of Europe really has your back in this one.

Re: Russia's economy has entered the death zone

#29

Post by mdavid626 »

nosianu wrote: post #16
mdavid626 wrote: post #4

What is Europe/USA fueled by? Debt. The Bubble. Is that sustainable? I don’t think so. What’s the point of the article? To prove the west’s superiority?

> Debt That is the very basis of our currency, and the basic idea is a good one in an idea-heavy economy more reliant on innovation than natural resource constraints. Also, if truly becomes too much we will just have one of the many many currency changes. My grandparents lived with about five (could be as many as seven) currencies throughout their (German) lives, for example. As long as the real values remain, the fa…

So you say, that current debt levels are good?

Re: Russia's economy has entered the death zone

#30

Post by kergonath »

k_bx wrote: post #3

As a Ukrainian at war since day 1 – I don't buy it. They will sell their gas at discount to China until the very end. Military force is the only way to get them to the death zone.

It’s very difficult to utterly destroy a country’s military force, particularly a country as huge as Russia, which has also a sizeable population. Ukraine cannot do it on its own and I see no appetite from anybody else to do it, so I think it is unlikely to happen.

Of course, it is also very difficult to utterly destroy a country’s economic power. Unfortunately, in Russia’s case, they have the raw materials and a population they can basically enslave. Hitting hard at refineries is a good strategy, it’s a weak point in the whole structure. Hopefully it’ll be enough.

Honestly, I don’t see an easy or clean way out of this. One possibility is that they’ll grind themselves badly enough to become completely irrelevant. Unfortunately that means a good chunk of Ukraine gets ground down along the way. One can hope for a coup, but then whatever comes after might well be worse.

Then, hopefully Ukraine can rebuild as a free nation.

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