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Comments by "Wom Bat" (@wom_Bat) on "International sanctions take toll on Russian economy | DW News" video.
Maybe a year. I give them till March 2023. To quote Perun "The ruble is a zombie propped up by stange unsustainable economic manuvers"
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Their economy is smaller then canadas and they are burning through the cash foreign currency and gold to prop up the ruble. In 10 months the ruble will collapse along with the economy. Inflation is already 23% while the gdp shrinks. Stagflation always leads to recession.
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They're used to going without much.
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23% inflation and rising with a shrinking GDP, thats called stagflation and it always leads to recession or harsh austerity measures and global financial support. Russia has maybe 10 months before a massive colapse of the economy.
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@TanyaAbah look up peruns video The Price of War - Can Russia afford a long conflict? Poutin is spending his foreign cash reserves and gold to buy rubles and prop up the exchange. Eventually he will run out while driving inflation even higher. He's creating a bubble and the longer it goes the harder the pop.
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@TanyaAbah lots of nonsense in the reply, idk where to start. Just watch the video. Educate yourself with Perun.
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@TanyaAbah glad you are finally understanding the truth. Perun does trybto stay neutral but he is an ausi so definitely a slight western leaning
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You should quote putins philosopher Ivan Ilyin. Putin places flowers on this facists grave every year and makes members ofbthe government read his facist writings. “Politics is the art of identifying and neutralizing the enemy.” Ivan Ilyin "Ukranians are just confused Russians.... The very notion of Ukrainian is offensive" Ivan Ilyin "Democracy is a ritual…. We only vote in order to affirm our collective support for our leader. The leader’s not legitimated by our votes or chosen by our votes. In fascism the leader is some kind of hero, who emerges from myth” Ivan Ilyin. Don't forget Russia is a facist state run by a man who worships a facist philosopher.
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They can't they rely on intergated electronics (miro chips and what not) from the west and a host of other strategic resources vital to a modern economy.
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23% inflation and a shrinking gdp. This is stagflation and it always leads to depression if not addressed immediately. Dont forget the Russian GDP was smaller then canadas in 2021. They can't hold out much longer. The higher inflation gets the worse it will be when the bubble pops
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