Another great reason to join BRICS. If Russia was able to improve this much even with sanctions, I can't help to imagine what will happen to Cuba, Venezuela, and ton of countries that want to run far away from western hegemony.
World News
For sure, I think that Global South countries should just start defaulting on their IMF debt, and moving towards BRICS.
I have to know what groceries are like because Canadians are suffering
Oh wow. I think I might cry.
Really puts how much we're getting screwed in Canada into perspective.
Vijay Prashad remains correct. I don’t want to stay here anymore 😫
Wow, I want to get sanctioned now
You are. Your government put sanctions on its citizens
in order to spite Russia.
No you don't lol. Russia was able to overcome this challenge due to a lot of factors like inherited soviet infrastructure and know-how, proximity to China, the scale of russia, etc..
This looks like it's put out directly by the state. No evidence is presented.
There's been plenty of discussion of Russian economy by western orgs like the IMF as well, and I don't see anything contradictory here.
Bloomberg also put out more or less the same thing (https://archive.ph/fAYpB) a week ago if you want a “credible” Western mainstream source.
Even so, it's not really saying anything different than what you would expect to see. This isn't outside of the realms of expectations, let alone reality.
Any liberal economy transitioning into a war time economy is going to see a fairly dramatic increase in economic production. You are centralizing and streamlining production capabilities, and you aren't exactly having to wait for demand.
Any unemployed male is going to be drafted or put to work. Financial systems will be rearranged to better control interest rates. Legislation put in place to control market pricing, enabling them to better control run off inflation.
War is one of the only scenario that will galvanize enough political will for financial self interest to align themselves under the interest of the government. In the few times this has happened in modern history, the results are dramatic. The only real limitation of production becomes the amount of ink you have to print fiat currency.
The real bill only comes home to the table when you transition out of the war time economy, or if you start actually loosing the war to a significant degree.
Imo this is why France started really going agro the last few weeks. The best time to snuff out a combatant's wartime economy is in the crib. If you let it fully establish itself the only real way to compete with it without going broke is to transition to a wartime economy yourself. Macron doesn't want to buck the economic status quo, and Russia is forcing their hand.
Slava Ukraini
Dear comrade, I'm regretfully informing you that just from this Wikipedia article we can tell this notion of "though terminating cliché" is complete garbage
No shit i'm trying to talk at their level.
I understand but better not feed them even more anti-communist talking points
If I posted anything else they'd be like myeeeh myeeh that's a bad source myeeh and instead of making a little progress i'd make no progress.
Yeah probably
I've got a lot of experience with this 😩