Chief economist at Russian state-owned development bank, VEB.RF, says Russia is already in a recession, with GDP shrinking by 0.6% in Q1, and another 0.6% in Q2. VEB.RF believes the pace of decline will intensify in the coming quarters! 🍿
Replies
If we only had a leader who wasn’t compromised.☹️
sep 1, 2025, 10:48 am • 1 0 • view
Russian propaganda. They admit that everything is not good. ”0.6 percent" doesn't sound that alarming. In fact, the country is in free fall. People can't even afford potatoes.
sep 1, 2025, 5:38 am • 5 0 • view
Is this with or without taking corruption into account? Even if only 'on a particular large scale'? Including moving such assets out of Russia? (otherwise it would just be a transition of GDP-construction to GDP-harlots)
sep 1, 2025, 8:13 pm • 0 0 • view