The Demolition of Russia's Economy

Businessman said:
These are the latest official IMF projections.

"Russia to grow faster than all advanced economies"
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Reading comprehension is important:

It is the IMF projection BASED ON ECONOMIC INFORMATION PROVIDED BY THE RUSSIAN GOVERNMENT.

As noted continuously throughout this thread -- the economic information coming out of Russia cannot be trusted.
 
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But, but, sorry, the Russian economy is crushing. It is crushing. It is. It is doing it for 30 months already non stop. All the participants of this thread who were supporting this ridiculous claim are officially idiots. You gwb is certainly the major idiot of all. Live with it. Atlantic, you are the idiot numeber two. Others are the close third place.
 
ids said:
But, but, sorry, the Russian economy is crushing. It is crushing. It is. It is doing it for 30 months already non stop. All the participants of this thread who were supporting this ridiculous claim are officially idiots. You gwb is certainly the major idiot of all. Live with it. Atlantic, you are the idiot numeber two. Others are the close third place.
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This thread provides plenty of detailed citations and facts outlining the demise of the Russian economy. We recognize that facts don’t mean anything to you but the reality of the floundering Russian economy is supported by the raw data. Russia basically re-entrenched into a war time economy which is propped up by oil & gas. Other aspects of the Russian economy including tech, travel, services, food, etc. are all struggling.
 
Russian economy actually, grew 2% compared to most countries and despite the thousands of sanctions imposed by Joe Biden and NATO. Oil prices now higher than, when the US and NATO imposed price caps. I guess the NATO geniuses never heard of supply and demand? Russia and OPEC has cut oil supplies. They are only driving the price of oil higher. Putin can sell less oil and still make more monies in the process. Russia has also, started to push back and seize bank accounts since, NATO and the US is hell bent on seizing frozen Russian assets in the US and Europe. Thievery is what the US and NATO doing and other countries similarly sanctioned can reply in kind. The BRICS economic group is larger now and stronger economically and they are moving to a gold based currency. Europe is set to implode as the US due to their blank check policy in Ukraine. NATO can spend themselves to bankruptcy and Ukraine will still lose.
 
How is Putin going to fund his war... as the Russian economy slips downhill.

The US crackdown on Russian trade is working as Putin struggles to fund his war
https://www.businessinsider.com/us-...ng-financing-ruble-ukraine-war-funding-2024-5

It's not like Russia is making money on natural gas anymore -- this leaves oil as the only revenue source and the world is cracking down on his shadow tankers.

How Putin’s gas empire crumbled
https://finance.yahoo.com/news/putin-gas-empire-crumbled-170000635.html

Of course, fuel inside of Russia is a problem.

Russia 'running out of fuel' as prices skyrocket following Ukraine bombing campaign
Ukraine has been pursuing a persistent bombing campaign targeting crucial oil fields within Russian territory for weeks.
https://www.express.co.uk/news/world/1894448/russia-running-out-fuel-price-rocket-ukraine-bombing
 
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