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.
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.
Cool. Works for me.
Sichneve Has Fallen | Russian Forces Increase Pressure On Kupyansk & Lyman