Delta7 has been denying my posts about Russia going broke for months.
OTOH, Russia has been supporting their economy with military spending.
Cutting back on that spending is sure to throw them into a recession.
ARTICLE: Vladimir Putin has announced plans to scale back military spending after Kremlin officials warned that Russia is “on the brink of recession”.
IATS
In After Texas Stalker
Isn’t it ironic that you have Russian media reporting this?
That Russia has a smaller share of its GDP under government control than the US?
That you have anti-war protests across Russia? (before you deny such): https://en.m.wikipedia.org/wiki/Anti-war_protests_in_Russia_(2022%E2%80%93present)
That Russia had elections in 2024?
That you can find war and Putin critical chats, comments, stories in Russian media, on their search engine Yandex, on Telegram etc?
Example, TASS which writes about how economic growth predictions are lowered: https://www.google.com/amp/s/tass.com/economy/1947515/amp. But even lowered, these STILL put Russia as .9% growth next year, and not in a recession.
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PS: this is a story about a danger of a recession, the chance it could happen.
The actual predictions have the Russian economy growing by 1.5% this year and .9% in 2026 (originally expected at 1.2%). That’s even according to our world bank.
A recession is when an economy “contracts” for two consecutive quarters.
You will latch onto anything.