@mukkaar
Saying "growth" is highly theoretical. They essentially grew by government spending money on military and military production, military that is then thrown into trash on battlefield.
@Shaddarhim
Well the economy of Germany in WW2 was also growing because of conquest and manufacturing of weapons. But this will only go so far until the balloon pops.
@Keln02
Who could have thought: -That sacrificing your working age population -That sacrificing your GDP to build weapons to be destroyed in Ukraine -That sacrificing your biggest trading partners for a pointless war -[add more] Would backfire
@TheHiddenMarty
We must also remember it's according to their own data, which I presume is at the very least "optimistic".
@unfortunate6808
No way that funding extremist groups in Europe while completely ignoring your civil population can backfire.
@bonjoote
The economy is Stalin?! He’s back?!?!
@ollelikesmusic6038
So you're telling me that completely ignoring your own populations quality of life and instead going bankrupt for the sake of warmongering is bad for the economy?
@patrickwitek
The thing about Russia that I find really frustrating is that they could EASILY become a power on par with the US or China but instead of actually focussing on the economy and the incredible amount of resources they have as well as developing the massive swaths of land they already own, they'd rather continue their imperialist tendencies from previous centuries
@AlexSchneiderDev
Starts at 4:30, ends at 7:00
@alexanderaleksander4272
I am from Russia. In the clothing and footwear retail sector, where my whole family works (Chinese and Russian production), we saw only a short-term increase in demand when international brands left at the end of 2022. From then until now, we have only seen a decrease in purchasing power, which even the reduction in investment and production cannot keep up with. We organize incredible sales to clear warehouses of things, and people still do not buy simply because they do not have money even for utilitarian clothes and shoes.
@justinh.7846
If you really want a deep dive into this topic, Perun made an excellent video called "Why War Economies don't collapse until they do".
@NishchalMalhotra
So now we have stagnation + inflation + recession. Let's name it stagflession
@FentFanta
TLDR news on russian economy: - It's so over - We're so back - Guys, it's over - We're back baby - Pack it up, it's soo over
@johnl.7754
Also because Russia saved a lot of money/gold before the war but now it’s used it up and low oil prices limit its revenue.
@bradw8102
An economy driven primarily by military spending is exactly why Putin doesn't want peace. As soon as war stops for Russia, even if they "win", an inevitable crash and/or hyperinflation results, as seen in Weimar Germany and post-WW2 Hungary, to give a couple of historical examples.
@harryordfyeah8622
There needs to be an overhaul on how GDP results based on Consumption is calculated for wartime economies. The usual "GDP = Consumption + Government Spending + Investment+ (Imports - Exports)" assumes that we create a product or service and sell it to the market to be consumed. That's not the case for wartime economies were tanks, bullets, missiles, planes, etc. are manufactured but are expected to be destroyed or expended. An increase in government spending to manufacture things you expect to be destroyed, would raise the Investment part in the GDP equation. But it wouldn't actually reflect proper economic activity as they're not built to be sold but destroyed.
@89RASMUS
And the best part is, they've brought it all upon themselves.
@screampact
I swear, this kind of video gets released every month. Is it a reupload or deja vu?
@GSXK4
Eventually, the cat stops bouncing.
@AhDude92