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.

  • partial_accumen@lemmy.world
    link
    fedilink
    English
    arrow-up
    14
    ·
    17 days ago

    You’d think they’d have learned from the cold war, but I guess not.

    Well, many parts of them have. Eastern Europe, formerly under Soviet conrol, is now firmly in market economies. Armenia has left the CSTO (Russia’s wish.com NATO), and Ukraine famously kicked out its Russia puppet leader. All of these were part of the Soviet Union or under their control before.