Russia-Ukraine Invasion

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    Russia’s economic war propaganda
    Torbjörn Becker / 10 Nov 2024

    One of the narratives being pushed by Russia is that its economy is doing better than the West, and that sanctions are not working. This column looks at how the Russian economy worked before the invasion in 2022 and some of key statistics currently coming out from Russian authorities. The findings suggest that the Russian economy is not strong. Fiscal stimulus is creating inflation rather than growth, and the central bank is having to deal with the collateral damage of Russia’s aggression in Ukraine. More importantly, Ukraine’s Western partners have all the economic resources Ukraine needs to help it win the war.

    https://cepr.org/voxeu/columns/r…

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    • While at the same time working on BRICS to avoid financial sanctions.ShenanigansTV
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