One Russian paper today reports that “Half of all clothes and shoe shops in Russia have shut down….[due to] drop in incomes & slowing economic growth.” Another wonders whether Russia is suffering from “economic stagnation or technical recession.”
One Russian paper today reports that “Half of all clothes and shoe shops in Russia have shut down….[due to] drop in incomes & slowing economic growth.” Another wonders whether Russia is suffering from “economic stagnation or technical recession.”
Another wonders whether Russia is suffering from “economic stagnation or technical recession.”
It called the word that can never be spoken – war. Oh how I miss the orcs telling every everyone how great their economy is.
Haven’t heard any bragging about their economy lately. I think the fuel crisis was the straw that broke the camel’s back, in this regard.
Yeah, remember Mike in London telling us that the dollar would be replaced by the ruble by 2015? Now ten years later even the Chicoms don’t want rubles. 🙂
Even Russians don’t want them.
I was in Denmark in 2015. 😋
More on the economy in the evil hellscape:
Russia’s defense industry is facing its deepest crisis since the collapse of the Soviet Union, according to internal assessments and correspondence circulating among defense‑sector managers. Despite large military orders driven by the ongoing war in Ukraine, Russian defense plants are now under heavy strain, lacking the workforce, financial stability, and supply chains required to sustain production of weapons and military equipment.
Several major enterprises have now publicly acknowledged financial distress. The largest tank manufacturer in Russia stated in recent days that it needs to reduce personnel due to a lack of funds. The United Aircraft Corporation, a key producer of combat aircraft, faced a shortage of funds to pay contractors and is now entangled in hundreds of cases in court for compensation of debt.
The combined effect—sanctions, unpaid contracts, workforce depletion, sabotage, and the loss of export markets—has pushed Russia’s defense‑industrial base into its most difficult period in decades.
Dead people have a limited need for clothing and shoes i think. 🥳