Russia hikes interest rates to 15% as inflation soars
The Bank of Russia raises rates more than expected to try to lower inflation and boost the rouble.
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Part of me is hopeful that this means something will eventually break, but it's also hard to get past some of the initial predictions I was reading when the war first started, that Russia couldn't keep up the war longer than a few months, that Russia was going to collapse at almost any moment. Now it seems like Russia is converting to a permanent wartime economy and that this thing is expected to drag on for years to come. It makes me wonder, even when Putin eventually dies, does Russia just continue on with the war out of sheer momentum, because the next person knows what a shitshow things will turn into if they try to end the war?
when Putin eventually dies, does Russia just continue on with the war out of sheer momentum
My prediction that in such event war will just stop, Shulman's prediction is war will be immidiately forgotten as mass delirium.
"Time will come when Putin's mansions will be shown on federal TV".
I'd love someone knowledgable enough to chime in on this.
Perun is absolutely amazing and goes into complex detail. Any of his videos are top tier.
Here is an alternative Piped link(s):
https://piped.video/Q9w17Ne1S0M?feature=shared
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source; check me out at GitHub.
I think Ekatering Shulman has some videos about war for english-speaking audience.
Though she talks about social and political aspects, not economical.