ST Alpha - "Russia's economy is churning along just fine for the moment. a bit overheated inflation-wise, but weirdly scaling up military production does a " (Reading a Post)

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In response to "A global economist I trust recently stated that China will own Russia forever because its economy has collapsed so much. " by David

Russia's economy is churning along just fine for the moment. a bit overheated inflation-wise, but weirdly scaling up military production does a

Posted by mafic Dec 12 '23, 17:38

reasonable job of driving industrial growth. sanctions haven't really started biting. they're still raking in the petrodollars, and their Chinese debt is sustainable. Russia's foreign trade reliance on China is smaller than Australia's in GDP terms.

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Soaring inflation, impending recession after they just got out of a recession, and all the positive news comes from Russia's economic folks. - David Dec 12, 17:48 1
- most of Russia's Chinese debt is energy-related, which is pretty easily serviceable for them. Russia isn't in crisis yet. -- nm - mafic Dec 12, 17:56

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Russia's economy is churning along just fine for the moment. a bit overheated inflation-wise, but weirdly scaling up military production does a

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