The article discusses the current state of Russia's war economy, which has been experiencing a slowdown due to economic hardship and declining morale among ordinary Russians. The Kremlin's efforts to combat inflation have only added to the slowdown, with high interest rates and reduced subsidies on mortgages.
Despite this, experts believe that Russia should be able to maintain its surge in military expenditure, at least in the short term. Putin is expected to encourage the central bank to print money and raise taxes to fund the war effort.
The article also notes that growing economic discontent in Russia may not translate into growing political discontent, as the Kremlin has agreed to peace talks with Ukraine for the first time in months. For Ukraine's negotiators, a key factor is now in play: Russia's war economy is showing signs of weakness and cannot last forever.
Overall, the article suggests that while Russia's war economy is facing challenges, it is likely to continue to fund the conflict at least in the short term. However, this may lead to increased economic hardship for ordinary Russians, which could have significant implications for Putin's regime and the broader regional dynamics.
Some key points from the article include:
* Economic optimism in Russia has softened, with 39% of respondents saying economic conditions are getting worse, up from 29% in 2022.
* Military expenditure as a share of GDP has doubled to more than 7%, but the rise in spending has now slowed.
* Putin is expected to encourage the central bank to print money and raise taxes to fund the war effort.
* Russia's war economy is showing signs of weakness, with growing economic discontent among ordinary Russians.
* The Kremlin's efforts to combat inflation have only added to the slowdown, with high interest rates and reduced subsidies on mortgages.
Overall, the article suggests that while Russia's war economy is facing challenges, it is likely to continue to fund the conflict at least in the short term. However, this may lead to increased economic hardship for ordinary Russians, which could have significant implications for Putin's regime and the broader regional dynamics.
Despite this, experts believe that Russia should be able to maintain its surge in military expenditure, at least in the short term. Putin is expected to encourage the central bank to print money and raise taxes to fund the war effort.
The article also notes that growing economic discontent in Russia may not translate into growing political discontent, as the Kremlin has agreed to peace talks with Ukraine for the first time in months. For Ukraine's negotiators, a key factor is now in play: Russia's war economy is showing signs of weakness and cannot last forever.
Overall, the article suggests that while Russia's war economy is facing challenges, it is likely to continue to fund the conflict at least in the short term. However, this may lead to increased economic hardship for ordinary Russians, which could have significant implications for Putin's regime and the broader regional dynamics.
Some key points from the article include:
* Economic optimism in Russia has softened, with 39% of respondents saying economic conditions are getting worse, up from 29% in 2022.
* Military expenditure as a share of GDP has doubled to more than 7%, but the rise in spending has now slowed.
* Putin is expected to encourage the central bank to print money and raise taxes to fund the war effort.
* Russia's war economy is showing signs of weakness, with growing economic discontent among ordinary Russians.
* The Kremlin's efforts to combat inflation have only added to the slowdown, with high interest rates and reduced subsidies on mortgages.
Overall, the article suggests that while Russia's war economy is facing challenges, it is likely to continue to fund the conflict at least in the short term. However, this may lead to increased economic hardship for ordinary Russians, which could have significant implications for Putin's regime and the broader regional dynamics.
this war is taking a toll on russia... they're printing money left & right 
but it's not like it's gonna make a difference in the long run 
i mean what's the point of all that cash if people are struggling to afford basic stuff? food, rent, whatever 
and don't even get me started on the interest rates 
gotta pay those or risk losing your home 
it's like they're pitting ordinary russians against each other 
in a game of economic survival 
Russia's war economy slowdown has everyone wondering what's next for Putin's regime... will they be able to keep funding the conflict without putting more pressure on ordinary Russians? 
like they're already struggling with inflation & stuff but the gov's just making it worse by raising interest rates & reducing subsidies 
and don't even get me started on military spending - it's doubled in 2 years 
but it's slowing down now & I'm like what's gonna happen when the gov can't fund it anymore 
my friend's aunt is from Russia & she's been saying that things are getting worse over there...I don't know how much more they can take 
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. They're printing money left and right, but it's just delaying the inevitable 
. They've got a good shot at taking down Russia's war machine 
. It's gonna be a wild ride, folks! 
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. If they can keep the pressure on, I reckon Russia will be forced to make some tough choices soon. And let's not forget, Russia's military expenditure has doubled - that's just crazy talk 
They've got people saying economic conditions are getting worse and stuff, which is not surprising considering all the costs of this war. I mean, who wouldn't feel that way? 
And yeah, the inflation thing just makes it worse, not better. So, what's the plan here? 
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It's a complex web of issues, but one thing is for sure – the war economy is showing signs of weakness, and that's something everyone should be paying attention to. 
. We don't want the war to drag on any longer than it has to 
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. Putin's all like "oh we'll just fund the war anyway" but i think he's forgettin about the people who actually have to live with the consequences of this mess 
It's not that simple, I know, but it seems like a pretty big ask 4 him 2 do w/ all these economic worries. 
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. Just think about it, a weak Russia with an economy that can't last forever could be a game-changer for Ukraine and Europe 
. Maybe it's time for him to think about peace talks after all? 
I mean, 39% of people think economy is getting worse? that's crazy 
and with high interest rates and reduced subsidies... it's just gonna get worse for ordinary russians 
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The Kremlin is all like "oh no, we need to combat inflation" and then they go ahead and make it WORSE with high interest rates and reduced subsidies... what a joke! 
. And what's up with these peace talks with Ukraine? Is this some kinda PR stunt or actually gonna lead to some real progress?