Continuing the war means the economy faces stagnation, while ending it would shut off the massive defense spending that's driven growth, Alexander Mertens writes.

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.

  • Zron@lemmy.worldEnglish
    0·
    16 days ago

    Genghis didn’t have access to thousands of poorly assembled Humvee knockoffs and millions of poorly trained mechanics to make them somewhat functional. I’m sure some of them could survive the drive.