this post was submitted on 01 Nov 2024

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Russia faces a crisis regardless if Putin ends or continues the war in Ukraine, economist says (www.businessinsider.com)

submitted 5 days ago* (last edited 5 days ago) by Cephalotrocity@biglemmowski.win to c/ukraine@sopuli.xyz

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cross-posted from: https://lemmy.world/post/21521751

Summary

Regardless of Putin’s decision regarding the war in Ukraine, Russia’s economy is facing a crisis due to factors such as sanctions, a shrinking sovereign wealth fund, and a labor shortage. The war has boosted growth, but Russia cannot sustain it without significant economic consequences.

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[–] zabadoh@ani.social 5 points 4 days ago

Q: Will Putin be okay, because he's the richest man in Russia?

A: Yes.

Then war will continue.