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Putin is cannibalizing Russia's economy as war in Ukraine derails financial order, Yale researchers say
Yahoo ^ | 8 july 2023 | 302 Jennifer Sor

Posted on 07/09/2023 10:55:43 AM PDT by DUMBGRUNT

Those measures have contributed to the flight of millionaires and everyday workers, who have left the country to look for better opportunities, significantly hurting the nation's output and productivity. And though Putin has made a show of Russia's economic strength, his actions have only bought Russia more time, researchers warned.

"That resilience is nothing but a Potemkin façade, sustained not through genuine economic productivity but rather through shaking down the entire country for pennies to direct towards war," Sonnenfeld and Tian said. "Putin can continue to sustain his invasion of Ukraine this way, but in doing so, continues to rip off his own people. In avoiding outright economic collapse by mortgaging Russia's future, he grows more unloved by his people and is thus increasingly weakened.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Chit/Chat; History
KEYWORDS: jennifersor; russia
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To: kiryandil
Somebody actually on here defending “Yale researchers”

Go figure.

Yep, Uke "Enlightened", Elite, Far Leftist, Homo Nazis.

Now THAT figures.

81 posted on 07/09/2023 1:12:05 PM PDT by Navy Patriot (Celebrate Decivilization)
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To: JonPreston

Putin has always been a leech and the leech now is killing its host.


82 posted on 07/09/2023 1:13:38 PM PDT by dennisw (Never attribute to incompetence-stupidity, that which is adequately explained by malice)
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To: Zuriel

—”Even if I had been married in the largest most ornate church structure in existance, the thing that floored me would have put all that as nothing extra special:”

I fully understand your point and do not disagree.

The chapel is an homage to the grunts from SAE going back to the US Civil War. About an acre of stained glass depictions and lists of those who gave all.
For me, it is a very special place.

I met my wife at a friend’s wedding at the Drake Hotel in Chicago, a very nice venue.
Sadly his marriage didn’t last. Happens.


83 posted on 07/09/2023 1:15:27 PM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: BobL

Thank you.

Not all heroes wear capes. 😀


84 posted on 07/09/2023 1:16:50 PM PDT by Allegra (Stop the Zeepers from Censoring FReepers)
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To: DUMBGRUNT

Putin is doing what he does best. Stealing the money of hard working Russians and successful Russian Corporations. Putin is nothing more than a Coward and common Thief. He is a dead man walking with a target on his forehead.


85 posted on 07/09/2023 1:17:32 PM PDT by dennisw (Never attribute to incompetence-stupidity, that which is adequately explained by malice)
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To: Allegra

“Thank you. Not all heroes wear capes.”

Thanks! With JR’s posting, it does look like the Operatives are going to have to migrate back to Reddit, or whatever their day job is.


86 posted on 07/09/2023 1:19:02 PM PDT by BobL (Trump has all the right Enemies; DeSantis has all the wrong Friends)
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To: dennisw

__”Putin has always been a leech and the leech now is killing its host.”

This a good description of Putin’s attempt to become an emporer.


87 posted on 07/09/2023 1:20:07 PM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: DUMBGRUNT
"That resilience is nothing but a Potemkin façade, sustained not through genuine economic productivity but rather through shaking down the entire country for pennies to direct towards war,"


88 posted on 07/09/2023 1:27:17 PM PDT by Sirius Lee (They intend to murder us. Prep if you want to live and live like you are prepping for eternal life)
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To: dennisw

You sound like a frightened child.


89 posted on 07/09/2023 1:39:59 PM PDT by JonPreston ( ✌ ☮️ )
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To: DesertRhino
“Our manufacturing capacity is not what it was back then. We are too high tech.”

Between the early 2000's when China joined the World Trade Organization, and about 2016, the USA sent 50,000 factories to China. What do you expect the consequences would be?


90 posted on 07/09/2023 2:45:30 PM PDT by magooey (The Mandate of Heaven resides in the hearts of men.)
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To: JonPreston

You are less functional than doddering Joe Biden.


91 posted on 07/09/2023 2:50:52 PM PDT by dennisw (Never attribute to incompetence-stupidity, that which is adequately explained by malice)
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To: dennisw

And all you have is name calling.


92 posted on 07/09/2023 3:00:58 PM PDT by JonPreston ( ✌ ☮️ )
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To: Glad2bnuts

Really. And Yale is a bunch of elitist globalist fools. Anyone who believes anything out of that institution is not too bright.


93 posted on 07/09/2023 3:03:36 PM PDT by dforest
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To: DUMBGRUNT
"Putin can continue to sustain his invasion of Ukraine this way, but in doing so, continues to rip off his own people. In avoiding outright economic collapse by mortgaging Russia's future..."
Those dumb Ruzzians. We would never do anything that dumb like that, would we?
94 posted on 07/09/2023 3:04:37 PM PDT by Hiddigeigei ("Talk sense to a fool and he calls you foolish," said Dionysus - Euripides)
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To: BobL

“JR’s posting, it does look like the Operatives are going to have to migrate back to Reddit”

Hopefully, very, very soon!


95 posted on 07/09/2023 3:21:10 PM PDT by UMCRevMom@aol.com (Pray for God's intervention to stop Putin's invasion)
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To: Hiddigeigei

—”Those dumb Ruzzians. We would never do anything that dumb like that, would we?”

Our great leaders have “invested” trillions in giving free stuff to non-citizens in a vote-buying plan, and a trillion or so to deadbeat loan recipients, and a few billion to solar cell factories that never made many cells, and...

Historically the US economy had the resilience to recover.

Time will tell.


96 posted on 07/09/2023 3:30:47 PM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: UMCRevMom@aol.com

“Hopefully, very, very soon!”

Agree!!! The more people who are zotted for posting (spamming) articles they know are likely false, the better for FR.


97 posted on 07/09/2023 4:18:08 PM PDT by BobL (Trump has all the right Enemies; DeSantis has all the wrong Friends)
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To: UMCRevMom@aol.com

Momma say she ain’t leavin’ for nuthin’.
You ain’t leavin’ are ya Momma?
Hope not,you sure can stir up a ruckus!

“Hopefully, very, very soon!”


98 posted on 07/09/2023 5:37:51 PM PDT by Right Brigade (It was better beforhe they voted for whats his name,this must be the New World)
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To: DUMBGRUNT

I realize that, but we are told of how WW 2 drove America to prosperity, and the global warriors have been selling us that line since. War = Prosperity.


99 posted on 07/09/2023 5:43:57 PM PDT by Glad2bnuts (“And how we burned in the camps later, thinking: We should have set up ambushes...paraphrased)
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To: Glad2bnuts

—”WW 2 drove America to prosperity,”

Not exactly the full story.
For the full story, you will need to hear it from the legendary “one-armed economist”.

A few quick lines.

The economy is sometimes called a rolling monster; too fast and you are thrown off and eaten, too slow and everyone starves to death.

Short term, assuming you have reserves and good credit, war will goose the economy, but the sudden stop will be painful.

One of the many reasons the US economy kept going after the second world war, was a near doubling of the workforce.
Adding women, blacks, and anyone that could do the job made many white guys even wealthier!
Providing a great number of jobs, creating consumers to purchase even more products and more job creation...

And everyone liver happily ever after, or something like that.


100 posted on 07/09/2023 6:43:08 PM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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