There are four important negative details that merit consideration.
First, Russia’s nominal economic growth includes her military and war spending. These do not contribute to civilian well-being in a meaningful way even though they boost Russia’s GDP accounting.
Second, sanctions are beginning to bite and the effects will compound over time, especially on Russia’s civilian economy. Yes, China is helping subvert Western sanctions, but that help comes at a monetary and strategic price.
Third, Russian state finances are deteriorating as cash reserves are spent down to support the war effort. This injection of cash is helping spur Russia’s domestic inflation.
Four, to remedy a domestic labor shortage caused by military manpower demands, Russia is permitting massive Muslim immigration. This is compounding Russia’s internal security problems and aggravating Russia’s demographic decline.
If this seems counterintuitive, ask yourself whether war and spending on a war on the net benefits a country’s civilian economy. It really doesn’t — which is why peace is almost always preferable to war.
Just a wait a longer, just add a few more sanctions and Russia's economy will be in tatters and the people will revolt and Putin will be driven out of office.
Not even the Western media can hide the fact that Biden's sanction war has been failure:
https://www.newsweek.com/how-russia-won-sanctions-war-west-opinion-1861645
It is now abundantly clear that Russia has defeated the Western sanctions regime that was intended to cripple its economy and force its withdrawal from Ukraine. Instead of collapsing, the Russian economy is growing rapidly. Russia's GDP grew by an impressive 5.5 percent in the third quarter of 2023. Final figures for the year are not yet in, but Russian GDP growth for all of 2023 should exceed 3 percent. Ironically, the Russians are doing rather better than those who imposed sanctions on them. In 2023, the U.S. economy grew by 2.4 percent while the German economy shrank, and the EU as a whole grew by less than 1 percent.
So, then, let's end the war, kill the growth Russia is experiencing because its in a war time economy and let the sanctions destroy Russia's economy. Why not?
Could it be because it's OUR economy being given a boost by this this war, as Mitch McConnell pretty much admitted when he was pushing for more foreign aid to Ukraine?
Or is it because we know Russia's economy will be much stronger than before the war began once this war ends as it now is in possession of territory that once comprised 70-80% of Ukraine's GDP? Which is it?
It works like Obama's economic plan. It was passed in 2009 but still hadn't kicked in by 2014? It just need more time like the sanctions against Russia do.
You should be embarrassed to have made that claim.
Russia has overcome the sanctions and now has no dependence on the West whatsoever. It's found other trading partners for its abundance of oil and natural resources, including two of the largest countries in the world, China and India.
I've seen the videos from Russian grocery stores and malls -- the Russians have access to everything they had before the war began. McDonald's is now Tasty, Starbucks is no Stars, etc.
The grocery stores in Russia are as full as any here. Inflation for food is less, if anything, less than it has been here and in the West.
The sanctions have actually been a blessing in that they have forced wealthy Russian investors to spend their money instead of Russia than in other parts of the world.
Yet, still has surplus in its treasury while we're adding a trillion dollars to the debt every hundred days.
For some strange reason, you seem unconcerned about are massive budget deficit and inflation rates.
Do you reference for that claim?
We're the ones being flooded with immigrants sucking up tax dollars from our cities and states. Who knows how many Muslim terrorists are flowing over our border along with the Chinese nationalists, drug and sex traffickers, gang members and violet criminals.
We and Europe are the ones with pro-Hamas protesters disrupting our countries, not Russia.
Your post is actually classic case of projection. Everything you're claiming is going to go wrong in Russia is going wrong here. Yet, your focus on Russia. Go figure.