BRICS and the reduced power of the US dollar.

[Zidane98]

Things are going just great in BRICS....

 

[Rob R]

You need to look bring the headline figures and see what that was made up of.

Russia’s economy is now completely driven by the war in Ukraine – it cannot afford to lose, but nor can it afford to win

Western military support for Ukraine is more important than ever.

theconversation.com

China will soon regard Russia as a mere vassal state, if it doesn't already.
The US has massive structural economic issues but that doesn't automatically mean Russia is ok.

You can see why Xi approved Russia attacking Ukraine, makes Russia reliant on them and weakens Russia's influence in central Asia (and their ability to resists Xis laughable claims on Siberia), and wears the West down so that the Taiwanese people are more isolated to Xis attack.

On SM-A125F using BigFooty.com mobile app

 

[rank and file]

So the entire European energy crisis is just make believe ….

Are you guys saying that energy companies are blaming Russia for the increase in energy costs.. and that’s a lie?

Must be why Russia blew up Nordstream and Gazprom has it's own PMCs.

 

[Fire]

Russia‘s economy is growing faster than most European countries!!!!

If this is your level of insight, then you're not a particularily strong analyst to say the least.

 

[nut]

If this is your level of insight, then you're not a particularily strong analyst to say the least.

???? It’s a known fact that Russia’s economy is out performing most of Europe…
BRICS is making US financial sanctions less threatening…

You can Think what you want to think…

 

[barreness]

???? It’s a known fact that Russia’s economy is out performing most of Europe…
BRICS is making US financial sanctions less threatening…

You can Think what you want to think…

You're not wrong but......Russian economy has gone full war economy and into autarky due to sanctions, this leads to good GDP figures(what the measure actually defines is war potential) but it's people would be struggling under lower supply, conscription and high inflation. Not that this will stop Vlad

This should lead people to question how we measure economic strength and what it really means but it won't

 

[Fire]

You're not wrong but......Russian economy has gone full war economy and into autarky due to sanctions, this leads to good GDP figures(what the measure actually defines is war potential) but it's people would be struggling under lower supply, conscription and high inflation. Not that this will stop Vlad

This should lead people to question how we measure economic strength and what it really means but it won't

Exactly. The Russian economy has been gutted and to claim its growing or outperforming Europe is just to fixate on one specific number while ignoring everything underneath it. And the reality on the ground. What will happen if the war drags on? What will happen if it ends? Those are the two options, and neither are great for the Russian economy.

 

[barreness]

Exactly. The Russian economy has been gutted and to claim its growing or outperforming Europe is just to fixate on one specific number while ignoring everything underneath it. And the reality on the ground. What will happen if the war drags on? What will happen if it ends? Those are the two options, and neither are great for the Russian economy.

Feel like I'm doing a both sides thing here but yes it hurts Russian proles, no it won't change the regime, and yes it'll normalise after a ceasefire is called. The Russian economy while rubbish(from an Australian perspective) is fine long term