g5000
Diamond Member
- Nov 26, 2011
- 139,106
- 95,439
- 2,605
April 24, 2025:
.
I posted that almost one year ago to the day.
I also posted this:
Some links:
Putin raged during a meeting at the Kremlin this month that manufacturing, industrial production and construction are all in negative territory. His economy contracted for the first two months of this year.
[snip]
After going into recession in 2022, Putin managed to stabilize his economy through a combination of control, coercion and fear. The Kremlin imposed strict limits on moving money outside the country. Exporters were pressured to convert foreign currency into rubles. Foreign investors faced restrictions in exiting their capital and had to leave assets behind or sell at losses.
Russia ramped up defense spending and pressured companies to expand production for the war effort.
[snip]
To finance the full mobilization, Putin has repeatedly raised taxes. He increased the value-added tax from 20 percent to 22 percent and lowered the threshold so that more small- and medium-sized enterprises are required to pay it. This has “pushed hundreds of thousands of businesses to the brink,” the Financial Times reported this week, with only a quarter of small and medium enterprises in the country expressing confidence they’ll be able to continue operating.
To crackdown on tax avoidance, Putin is now moving to increase fines by up to 15-fold for businesses that don’t use cash registers.
Compounding the challenges, Russia is experiencing a shortage of labor for the first time in its modern history. Many skilled workers have fled the country to avoid being drafted to fight in Ukraine, which has produced well over a million Russian casualties. Others have been forced into the armaments industry.
TA-DAAAAAAA!
And the war is going very badly for Putin in Ukraine. Very badly.
We need to keep the pressure up.
We are helping to make the world a safer place without spilling a drop of American blood. We are bleeding Russia's military and their economy dry. With continued pressure on Putin, his economy will collapse and he just might end up toppled.
Worth every penny.
Putin's economy can only withstand another year, at most, before everything falls apart for him.
Trump's cult whines about inflation and the price of groceries.
In Russia, the central bank interest rate is 21 percent, and their inflation rate is 10.3 percent.
A huge chunk of Russian's GDP is the construction of war materiel which is nothing but burnt husks of metal now.
All that spending, and they have nothing to show for it.
.
I posted that almost one year ago to the day.
I also posted this:
Putin's economy is collapsing, and he has two new NATO members on his borders.
Now is NOT the time to start yielding. We need to increase the pressure.
Reagan understood that with Afghanistan.
Some links:
Putin finally admits Russia’s economy is in trouble and grasps for answers, after warnings about a financial crisis have been piling up
Putin’s wartime economy is contracting, even with high oil prices
Putin raged during a meeting at the Kremlin this month that manufacturing, industrial production and construction are all in negative territory. His economy contracted for the first two months of this year.
[snip]
After going into recession in 2022, Putin managed to stabilize his economy through a combination of control, coercion and fear. The Kremlin imposed strict limits on moving money outside the country. Exporters were pressured to convert foreign currency into rubles. Foreign investors faced restrictions in exiting their capital and had to leave assets behind or sell at losses.
Russia ramped up defense spending and pressured companies to expand production for the war effort.
[snip]
To finance the full mobilization, Putin has repeatedly raised taxes. He increased the value-added tax from 20 percent to 22 percent and lowered the threshold so that more small- and medium-sized enterprises are required to pay it. This has “pushed hundreds of thousands of businesses to the brink,” the Financial Times reported this week, with only a quarter of small and medium enterprises in the country expressing confidence they’ll be able to continue operating.
To crackdown on tax avoidance, Putin is now moving to increase fines by up to 15-fold for businesses that don’t use cash registers.
Compounding the challenges, Russia is experiencing a shortage of labor for the first time in its modern history. Many skilled workers have fled the country to avoid being drafted to fight in Ukraine, which has produced well over a million Russian casualties. Others have been forced into the armaments industry.
TA-DAAAAAAA!
And the war is going very badly for Putin in Ukraine. Very badly.
We need to keep the pressure up.
We are helping to make the world a safer place without spilling a drop of American blood. We are bleeding Russia's military and their economy dry. With continued pressure on Putin, his economy will collapse and he just might end up toppled.
Worth every penny.