Russia’s ‘disposable-goods’ war economy is getting busier but poorer, and Trump’s new sanctions could trigger a recession, analysts say
via foreignaffairs.com
Short excerpt below. Read at the original source.
Vladimir Putin’s wartime economy has been resilient in the face of Western sanctions triggered by his invasion of Ukraine, but it’s hitting a wall and U.S. pressure on the energy sector could cause a recession, according to experts. Massive defense spending has propped up growth, kept factories humming, and pushed unemployment lower, while Moscow has […]