Cross-posted from: https://feddit.de/post/8866314

In late January, the International Monetary Fund more than doubled its forecast for the pace of the country’s economic growth this year, raising it from 1.1% in October to 2.6%.

Despite this, IMF Managing Director Kristalina Georgieva sees more trouble ahead for the country of roughly 145 million.

“What it tells us is that this is a war economy in which the state — which let’s remember, had a very sizeable buffer, built over many years of fiscal discipline — is investing in this war economy. If you look at Russia, today, production goes up, [for the] military, [and] consumption goes down. And that is pretty much what the Soviet Union used to look like. High level of production, low level of consumption.”

  • hydroptic@sopuli.xyz
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    9 months ago

    I wouldn’t declare this a strategic loss for Russia yet. Extreme right wing parties are on a meteoric rise across Europe, and a very large percentage of them are explicitly pro-Russian and literally funded by Russia (see eg this well-sourced opinion piece). Russia represents an ideal for these people, and they aren’t a fringe anymore but 20–50% of the population depending on the EU country

    • deft@lemmy.wtf
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      9 months ago

      US too. Look at the NRA and the cultural implications of it. That’s just one bit too.

      Putin is much different from the leadership before him on a lot of points but one big one is his relationship with the Eastern Orthodox religious system in Russia. I often wonder how that parallels or finds itself tied to the Evangelical Christian alt right weirdness stuff you see in America

    • MrMakabar@feddit.de
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      9 months ago

      If they do not conquer Ukraine, then they lost them as friends. In 2009 in a servey 93% liked Russians. Even 2019 77% of Ukranians had a positive attitude towards Russia. That is basically the other way around today.

      They lost Armenia, when they betrayed them in their fight with the Azeris.

      In Europe it is 20-50% depending on the country liking Russia and the rest hating them. Not just in Eastern Europe, but also in the West.

      In Central Asia a lot of countries are moving away from Russia. They hear Russian politicans talking about restoring the Soviet Union and they do not like that.