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Wolfrattle t1_j9bqget wrote

The question is how reliable is the data? 2.1 seems like good PR move.

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BeltfedOne t1_j9bs90h wrote

Their population is shrinking by more tha expected by many.

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waynep712222 t1_j9bs9d3 wrote

When do the hackers find putins billions. Or is that too dangerous.

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EconomistPunter t1_j9bzrls wrote

Short term GDP numbers mean nothing. The brain drain, the hollowing out of the middle class, and the long term disability consequences of soldiers are going to devastate Russia for decades.

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Zealousideal_Bid118 t1_j9c09ex wrote

How many people expected it to shrink that much? Europe is still desperately buying all of their fuel exports, and that is their main export. Like what ???

−2

Vocem_Interiorem t1_j9c1gtm wrote

Decades of sanctions and being a huge nation resulted in an internal market development that can cover a lot of their own economy.

Oil and Gas is simply sold to China and India who rebrand it and sell it to the rest of the world.

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KindAwareness3073 t1_j9c5cly wrote

Russia's economy is less than 5% of Western Europe's. It's a 3rd world country with nukes.

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Bitter_Director1231 t1_j9c7zd0 wrote

Apparently we need to get tougher. And make hard choices.

Russia is essential a 3rd world country with bluster and nukes. Everything else is a disaster and a facade.

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Thunderhamz t1_j9c8rmn wrote

Russian economy shrinks but penis size increases 25%, there’s something here, we just need to connect the dots

−17

DeMalgamnated t1_j9chana wrote

hasn't shrunk as much as putin's shriveled dwarf cock that shares an uncanny likeness to lavrovs saggy face.

i bet the stolen goods industry is booming in russia right now though with all the stuff they've looted so far from ukraine.

russia's economy is like a damp sock floating in a pool of ass juice.

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Randomonium5 t1_j9cin8o wrote

I have been wondering how significant emptying the prisons is

5

Bagellord t1_j9cm8b3 wrote

Lost productivity of not just the individual, but also the people who need to care for them who could have otherwise done other things. If someone's spouse was a school teacher or a factory worker, but now they have to stop doing that to care for their disabled spouse, that's another job that isn't being done.

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[deleted] t1_j9cmazf wrote

Yeah, we haven't seen that before, with literally the same country. The problem is that UA don't have the luxury of time.

3

HaloGuy381 t1_j9dnecf wrote

Gotta say: my father works cybersecurity consulting, been in the business for decades in some form or another. About a year ago, the number of incidents his firm responded to, and with it demand for prevention-oriented work, fell off massively. As in, company’s tightening the belt, laying people off, cutting bonuses, etc, because work has dried up so badly.

The suspicion is a mix of pre-war criminals in Ukraine busy being shot at, hackers in Russia being drafted, and both kinds not getting their checks from a certain mob boss masquerading as a head of state. Both countries previously had an outsize presence in significant breaches, and now it’s strangely quiet. You’re not wrong that organized crime and Russia are related problems, and dismantling one requires dealing with the other, or vice versa. Disarming them of income from criminal enterprise means fewer shells landing in Ukrainian homes.

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MightyH20 t1_j9ejifm wrote

One can do math on the economic impact of dead or wounded soldiers not attributing to economic activities.

  • Average employment in Russia: 60%

  • Average Russian GDP per Capita: 12.000 a year.

  • Wounded or dead Russians: 200.000

Missing out GDP (0.6 * 200.000)*12.000= $1.440.000.000 ($1.4B a year).

5

lswins t1_j9gdd26 wrote

They are obviously not hurting enough. More sanctions are needed. Good thing they plan to enact them on the one year anniversary.

2