this post was submitted on 18 Nov 2024
73 points (100.0% liked)

news

23563 readers
702 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today/ . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS
 

https://www.cnn.com/2024/11/18/economy/russia-inflation-new-heights-intl-analysis/index.html

Inflation is being driven by the rapid rise in wages as the Kremlin pours billions into military industries and sends millions of men to fight in Ukraine. In the middle of a war, companies outside the defense sector can’t compete for workers without paying much higher wages. In turn, they charge higher prices. So the spiral continues.

“Prices are rising because of the war,” Alexandra Prokopenko at the Carnegie Russia Eurasia Center in Berlin told CNN. “Demand in the economy is distorted in favor of unproductive spending. Wages rise because employers have to compete for labor.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 43 points 1 day ago* (last edited 1 day ago) (2 children)

In turn, they charge higher prices. So the spiral continues.

wtyp time to reduce profit share

And when the war ends, Russia will have to adapt to a post-war economy, curbing state spending, reintegrating huge numbers of demobilized soldiers and reorientating companies away from feeding military industries.

or they could not do that, implement a jobs program so that all the demobilized soldiers can get a job in the public sector instead of being unemployed.

I mean it is clear that even the CNN knows there won't be a Zimbabwe style scenario in Russia in part thanks to the economic policies of the Soviet era.

[–] [email protected] 32 points 1 day ago (3 children)

No see Putler and Ruzzzia are all totally dumb irrational actors and they can't possibly think of a complicated solution such as "put all those soldiers to work on public things". They'll surely just let all those soldiers go instantly unemployed and let them be disgruntled and that will lead to a western friendly revolution! Putin cooked himself here and can't possibly think of ways to prevent it!

[–] [email protected] 8 points 19 hours ago

They can, because Putin is a LIB

[–] [email protected] 25 points 1 day ago

just let all those soldiers go instantly unemployed

this is exactly what all western governments would do though

[–] [email protected] 31 points 1 day ago* (last edited 1 day ago) (2 children)

cool and good scenario: Putin does big government FDR style programs post-war to keep vets productive, people begin to trust the state's capacity again, Putin dies naturally, United Russia breaks up into it's constituent parties without a solid successor, Russian Communist Party gains a slim majority and leverages this state power, we get a reborn but significantly more lib Soviet Russia closely aligned to China

Sino-Soviet split finally vindicated

[–] [email protected] 26 points 1 day ago

Just keep them in the army and assign them to build shit?