barsoap , 11 months ago

You expect me to pay for an article from a neolib shitstain outlet?

Have another neolib shitstain outlet, this time for free: businessinsider.com/russian-economy-brain-drain-l…

The truth is that it’s all quite hard to measure as Russia is lying about its economical figures (they make no sense whatsoever) and going via secondary indicators is possible, but also frought with uncertainty. But two things really stand out: a) investing in a war you’re losing is GDP flushed down the drain, b) they’re cut off from any advanced technology at even half-way reasonable prices, c) massive brain drain, there’s also d) report of very excessive inflation when it comes to food.

If they manage to raise GDP by exporting more oil or whatnot – that’s raising GDP. It’s not actually doing the country any good. More petrorubles for the kleptocrats.

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But all that is rather besides the point. Russia, alongside with Ukraine, did a lot of stuff wrong in the 90s. Look at Estonia or e.g. Czechs (if you want to keep it among Slavs) on how to do it… nah, not right, but definitely better.

Ukraine then managed to turn around, develop an actual civil society and clip the wings of the oligarchy, Russia didn’t. That is what I mean with “perfectly capable of messing up on their own”. It’s also the reason for the war it’s a matter of regime stability: There’s plenty of family ties between Russia and Ukraine, if Russians see that Ukraine can escape the yoke of the kleptocrats then they could start to believe that they, too, can do that.