• ☆ Yσɠƚԋσʂ ☆OP
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    10 months ago

    Military spending is still a small part of overall GDP in Russia, so the claim that Russian economy is recovering due to cranking up of their military budget doesn’t make sense. A far more sound explanation is that decoupling from the west created economic niches that are now being filled domestically. And I think it is fair to say that Russian economy has been reorganized in the past two years with state owned enterprise such as Rostec taking a much more prominent role.

    • Dolores [love/loves]@hexbear.net
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      10 months ago

      Rostec is a military manufacturer! further, what you’re describing isn’t supported by the article and doesn’t really sound like central planning. when Pemex has a good year Mexico is not any less neoliberal