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Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says (www.businessinsider.com)

submitted 7 months ago* (last edited 7 months ago) by Cephalotrocity@biglemmowski.win to c/ukraine@sopuli.xyz

7 comments fedilink

cross-posted from: https://lemmy.world/post/21521751

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Summary

Regardless of Putin’s decision regarding the war in Ukraine, Russia’s economy is facing a crisis due to factors such as sanctions, a shrinking sovereign wealth fund, and a labor shortage. The war has boosted growth, but Russia cannot sustain it without significant economic consequences.

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Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says (www.businessinsider.com)

submitted 7 months ago by Sauvandu60@lemmy.ml to c/worldnews@lemmy.ml

5 comments fedilink

cross-posted from: https://lemmy.world/post/21521751

Summary

Regardless of Putin’s decision regarding the war in Ukraine, Russia’s economy is facing a crisis due to factors such as sanctions, a shrinking sovereign wealth fund, and a labor shortage. The war has boosted growth, but Russia cannot sustain it without significant economic consequences.

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Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says (www.businessinsider.com)

submitted 7 months ago by MicroWave@lemmy.world to c/world@lemmy.world

46 comments fedilink

Summary

Regardless of Putin’s decision regarding the war in Ukraine, Russia’s economy is facing a crisis due to factors such as sanctions, a shrinking sovereign wealth fund, and a labor shortage. The war has boosted growth, but Russia cannot sustain it without significant economic consequences.

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