Despite sweeping sanctions over its invasion of Ukraine in February 2022, Russia’s economy hasn’t broken down and even appears resilient, as it’s now being driven by wartime state spending on military activities and subsidies.
“Consumption is booming due to a combination of massive budget spending and labor force shortages leading to strong wage pressures,”
The economy is too hot! It’s going to blow! The economy is reaching the melting point! We have to cool down the economy or it’s all over!
I hate economists so much