The IMF estimates Russia's economy will grow faster than the likes of the US, UK and Germany this year.
  • freagle@lemmygrad.mlEnglish
    121·
    7 months ago

    @mozz@mbin.grits.dev Regarding our prior discussion from months ago about the effect of sanctions on Russia and on Europe, I think this particular piece from the BBC is highly relevant and also has the benefit of time away from our initial discussion to show a bit of a trend, don’t you think?

  • beaxingu@kbin.run
    38·
    7 months ago

    because producing war materials is propping up the economy in the short term. its a war economy but producing shit to blow up so too use up is not something that will be a benefit in the long term. sanctions is something that works over the long term and that need to be adjusted over time.

    • blterrible@lemmy.mlEnglish
      38·
      7 months ago

      Also, when your economy is doing so poorly it’s easy to do better. When your economy is doing well, it’s more difficult to improve.

      Mathematically, if I give a naked homeless person with no worldly possessions a sandwich, they have infinitely more wealth. It’s still just a sandwich though.