War with Ukraine is the only thing preventing Russia from entering an immediate recession, economists say



War with Ukraine is the only thing preventing Russia from entering an immediate recession, economists say

https://www.businessinsider.com/russia-economy-ukraine-war-moscow-military-spending-currency-inflation-budget-2024-9

by JeffCook78

7 comments
  1. It’s a bit like in looney tunes, when coyote chases the roadrunner, and runs off a cliff, he won’t fall until he looks down.

  2. This is what happened with the Iraq War at one point. After the collapse of 2008 the money being made off the military industry and loans, investments and rebuilding throughout Iraq was just US economy fuel.

  3. There’s not such a definition as recession with that high oil prices. USSR was okay for 70 years living without any market economy.

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