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In response to
"Russia's economy is churning along just fine for the moment. a bit overheated inflation-wise, but weirdly scaling up military production does a "
by
mafic
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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.
Posted by
David (aka David)
Dec 12 '23, 17:48
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They've got a bad deal with OPEC and an even worse one, a nightmarish one, with China. And they owe something like six percent of their GDP. They've got a national credit card whose interest rates they can't afford.
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