Posted on 09/05/2025 5:57:31 AM PDT by marcusmaximus
Vladimir Putin has been issued a stark warning about the state of Russia's economy. It comes after one of his close allies and head of the biggest bank in Russia, German Gref, urged him to enforce immediate measures to avoid a recession.
Gref, the CEO of Sberbank, warned Putin that the country's wartime economy is stagnating. Military spending in Russia has hit record highs since the invasion of Ukraine, causing inflation and high interest rates. The economy is also suffering from a shortage of workers due to the mobilisation of hundreds of thousands of men into the military.
(Excerpt) Read more at express.co.uk ...
Is this real in its assessment and does Russia have short term options to counter these assertions and stabilize this?
The Russians have always been willing to suffer economically for war. They have a propensity to shrug off enormous loss of life and suffering in the quest for victory. As long as the Russian people the Ukraine war is just, and worth it, they will continue to pursue victory at the expense of everything else. Including security on the southern border. Historically, it’s the Russian way. Yes, many will not foresee the potential catastrophe until it’s to late.
The GDP is deceiving in a war economy.
Say you make 100 bombs at the cost of 10,000,000 rubles. The 10,000,000 rubles is part of the GDP. But the next week, you use the bombs against the enemy, with some hits and some misses. The bombs you spent 10,000,000 rubles on are gone. The enemy hits you, too, and destroys some stuff that has to be replace or repaired at high cost.
From the point of view of goods and services, and the net value of all the assets you have, you are losing, not gaining, even though the nominal GDP is high.
I’d change you analysis by one click: Under the Czar, under the communists, and now, the heartless LEADERS of Russia have always been willing to squander the lives and well being of their people in support of their wicked ends. After hundreds of years of oppression, the people, like whipped dogs, take a lot before they backlash
Russia “...willing to squander the lives and well being of their people in support of their wicked ends...”
And in what country has that ever NOT been the case?
Well I’d say the Russians refined it to an art form: 2 million dead in WWI, disputed but perhaps around 15 million combat deaths in WWII. Soldiers sent into combat with less than one rifle per man, unarmed human wave tactics, incompetent leadership, competent general officers slaughtered by the government on suspicion of disloyalty, etc. all because their government simply didn’t, and doesn’t, care a whit about their people
Your post portrays a Russia that doesn’t exist, the people this, the people that, the power ruling Russia does whatever it wants under whatever lifetime dictator is ruling it at the time.
Would you want to disagree with Stalin or Putin?
“The Russians have always been willing to suffer economically for war.”
Really? See: 1917 Russian Revolution.🤔
If your assertion is that there’s no difference between Putin and Stalin than you’re dumber than a rock.
Fico was right about NATO when he said they were Frogs in a well.
Weird how you make up a fake post to do a fake response to.
GDP = C(onsumption) + G(ovt Spending) + I(nvestment) + (Exports - Imports)
C tends to be the highest parameter in the equation for all countries. The G number, running a $1.5T deficit (that’s even with tariff income), is avoidance of the US having to declare negative GDP growth. Deficit about 6% GDP.
For Russia, they will come in with a 2025 deficit of about 5T rubles. This will be 3% of GDP. The price of oil has fallen 8% since Sept 2024 and Rosneft and Lukoil (and even Gazpromneft) pay royalty taxes on their oil revenues. So that 8% extends to lower tax revenue and increased deficit.
Overall G increase has been only 20%, not all of it military. This has not offset the loss of tax revs.
Russian GDP growth projected about 2% 2025. Down from 4% 2024.
OPEC+ is taking action (largely verbal) to flood the market with oil and accelerate the peak and decline of US shale output. OPEC is 12 countries, and the + is an additional 11 countries, only Russia of which has big oil output. Note that with the exception of Saudi Arabia and Russia, the OPEC+ announcement of unwinding the voluntary production constraints means largely nothing. Countries had been ignoring the constraint (somewhat traditional in OPEC) and producing to capacity. Several of the countries are seeing that capacity decline, given they are past peak.
So the production increases are largely limited to Russia and KSA. Most revenue increases from the extra flow will go to them.
People can decide for themselves whether you made a direct comparison of Putin with Stalin...there’s nothing weird or fake about it, dummy.
F Putin and his worshipers...lol
It’s gonna be a race to the bottom. Whose economy shits the bed faster? Russia, China, or the West?
Fun times ahead.
I know...lets bomb someone.
LOL, no they can’t, unless they are really stupid and can’t read, or just so rabid that they see what they want to see no matter what reality is.
Cool. Works for me.
Really? See: 1917 Russian Revolution.
1916-7, the Czar pushed a little to far. Didn’t see it coming. Vlad the Invader probably won’t see it coming either.
Sichneve Has Fallen | Russian Forces Increase Pressure On Kupyansk & Lyman
You can always tell when things are getting worse for Ukraine, the propaganda gets more insistent.
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