Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Russian War Economy is Destroying Russia as Businesses Abandon Customer & Markets for War Effort - Joe Blogs
The IMF recently published updated forecasts for Global GDP which show that Russia is forecast to hit 3.2% growth in 2024. At face value this makes the Russian Economy look like one of the strongest in the world however theses figures are misleading and mask what is happening in Russia. The Kremlin is currently pouring Billions of Dollars into the economy to support the war in Ukraine and many businesses have abandoned their customers and markets to provide equipment for the war. In this video I look at this issue in more detail and discuss the short term and long term issues that Russia is facing.
Chapters:
0:00 Intro
3:20 IMF FORECASTS
5:43 RUBLE
8:59 WAR ECONOMY
12:45 INFLATION
16:16 SUMMARY & CONCLUSION
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
Just when you think you can count on cancer. 