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PickmeAmonkey

2,700 Posts.

149

01/11/23

13:06

Post #: 70666045
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Originally posted by tangs: ↑

you and I must be looking at a different economy ---- interest rates were increased by 3.5% a couple of months back and then again by 1.5% quote recently to 15 % and the rouble is very low , near it's all time lows
they are budgeting a third of their outlays on defence this year where most countries aim for 2% - but I doubt they can limmit the figure to anywhere as low as a third

granted , last couple of months oil prices have improved and helped russia (some)

we are not being given many figures on the russian economy and during a war I wouldn't trust what we are getting
but I can tell you one thing 100% - the russian economy is suffering very badly and is certainly NOT resiliant

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2 years of huge sanctions and still maintaining a war against NATO's combined economic clout.

Extremely resilient.
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