Posted on 02/24/2024 5:59:01 AM PST by SpeedyInTexas
The Russian Central Bank just reported Russia’s third quarter GDP growth rate (0.6% annualized), and assessed that Russia is likely to enter recession in the next two quarters (two negative quarters are required for official designation of a recession).
Q1: 1.4%
Q2: 1.1%
Q3: 0.6%
Q4: officially projected to be negative, by the Russian Central Bank
Things are economically (much) worse for Russia than just what those numbers suggest, because of the exhaustion of reserves, a huge overhang of debt systemwide, and an impending collapse in oil revenue (upon which Russia is extraordinarily dependent).
When sanctions were first being applied, care was taken not to remove Russian barrels from the oil market, for fear of triggering a global recession. Now the situation has reversed, and there is a need to remove Russian barrels from the market, due to oversupply.
Fire at will.
Kyiv Independent:
“The European Union’s 20th sanctions package against Russia is in development and will be ready “within a month,” President Volodymyr Zelensky announced on Nov. 9.”
I am sure “someone” will produce a graph😂
They cry “Nazis”
Yet pitin’s regime looks and acts more and more like nazi germany every day and the miniature gargoyle czar acts more and more like hitler every day.
Right now in his bunker calling for Steiner😂
You don’t give a shit a about a few Nazis, unless you can find them in Ukraine. Putin is same as you. Only idiots believe his main propaganda point, of invading Ukraine to de-Nazify it.
In fact it is Putin’s regime who has returned genocidal Nazism to Europe. Erasing the second biggest country in Europe is a Nazi as it gets. Naturally, those who have an affinity for Nazis will find common cause with Putin’s Russia.
Just as an aside, the religion that Hitler admired was Islam. Due to its warrior/Jihad tendencies. Putin takes great pride in being able to wrangle his restive Muslim population. He’s been friendly with Ayatollahs for ages. He has spoken of how the Russian Orthodox church gets along with Russia’s Muslim population.
Putin cannot die too soon. Or a coup will do.
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