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Matthew Loutner
Econ Lessons
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Comments by "Matthew Loutner" (@Matthew_Loutner) on "Russian Economy - Malnutrition Hits Mother Russia" video.
Only one disagreement: All of Russia may collapse, but they are not going to withdraw the war. They will keep it going with receipts from oil, natural gas, and wheat. The elites will let the whole Russian population die to win this war. That is already obvious from the war casualties numbers.
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It is not "counter-intuitive to the basic pronciples of supply and demand." The priciples say that when times are tough, middle income and rich shift their buying from SUPERIOR GOODS to INFERIOR GOODS.
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