The Russian economy is on the brink of collapse, with industrial output falling and major companies initiating large-scale layoffs amid the economic fallout from the war on Ukraine

The Russian economy is on the brink of collapse, with industrial output falling and major companies initiating large-scale layoffs amid the economic fallout from the war on Ukraine

Archived version: https://archive.is/newest/https://www.irishstar.com/news/us-news/russian-economy-freefall-mortgage-costs-34869686

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  • atro_city@fedia.io
    566·
    1 day ago

    If the US weren’t helping Russia by giving them a lifeline, this war would probably be over this year.

    • andrew0@lemmy.dbzer0.com
      142·
      1 day ago

      Russia has been increasing trade with China in the past few years. I’m afraid that, even without US support now, Russia would still be able to carry on for a while longer :(

      • Puddinghelmet@lemmy.world
        32·
        3 hours ago

        Russia can only keep up this pace of operations for 6 months to 1 year at most and that’s it.

        So then you have 3 years of war, at the expense of your own economy, at the expense of your own population, at the expense of a million dead, and you conquered only 20% of Ukraine.

        That’s it, then the manpower runs out. Russia is already arriving with tanks coming from the year 1955.

        Ukraine is also able to produce 40% what they need themselves right now. They have 1.4 million drones, they have 2 factories of rare metal in Ukraine that produces munitions, more than america produces now, and Ukraine’s production is only going to get more. So it’s also not like russia is on top here despite north korea despite all the other support. So both sides are not going well, it’s a wear and tear.

        • MarxMadness@lemmygrad.mlEnglish
          1·
          2 hours ago

          Russia can only keep up this pace of operations for 6 months to 1 year at most and that’s it.

          That’s it, then the manpower runs out. Russia is already arriving with tanks coming from the year 1955.

          I remember the warmongerers trotting these lines out at the start of fighting. 3+ years later, Russia has a big chunk of Ukraine and is steadily gaining more.

          • Dr. Moose@lemmy.worldEnglish
            42·
            21 hours ago

            Sanctions are not binary and when used smartly can target Russia without directly hurting China. That’s what we did already and the last sanctions by Biden targeting banking were very effective afaik.

            • WagyuSneakers@lemm.eeEnglish
              2·
              11 hours ago

              Yes, but we applied them because Russia attacked. Once we apply them we can no longer use them as leverage. If you tell China you’re going to do it even if they don’t invade Taiwan then that gets erased from the “Cons” side of the board.