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I was waiting for some sensible explanation of Russia's "economic miracle" and this sounds at least somewhat satisfactory. Let's hope the theory is true and the

I was waiting for some sensible explanation of Russia's "economic miracle" and this sounds at least somewhat satisfactory. Let's hope the theory is true and the debt crisis comes soon enough.

bgnn 2y ago
There is the cost on Ukraine and EU too. Let's hope Russian economy collapse before Ukraine's support.
- threeseed 2y ago
  The EU spending has brought a lot of benefits though. Massive investment in domestic defence production, improved border and maritime security, disconnection of the reliance on Russia for oil/gas etc. All of which will be useful given the likely souring of the EU/US relationship over the coming years.
  - tivert 2y ago
    > The EU spending has brought a lot of benefits though. > Massive investment in domestic defence production Is that actually happening? My understanding is there was a lot of rhetoric, but the actual efforts have stalled: https://www.nytimes.com/2024/07/18/world/europe/germany-budget-military-spending.html https://www.nytimes.com/2024/07/18/world/europe/germany-budg...: Germany Promised to Step Up Militarily. Its Budget Says Differently. https://www.nytimes.com/2023/11/29/world/europe/germany-military-strategic-pivot-stalls.html https://www.nytimes.com/2023/11/29/world/europe/germany-mili...: Germany’s Much-Vaunted Strategic Pivot Stalls
    - bgnn 2y ago
      yeah it's all rhetoric