“We are seeing signs of a hard landing in many sectors of the economy, says Anton Tabakh, chief economist at the Expert RA rating agency: industrial production and consumer confidence indices, rail shipments, car and consumer durables purchases are all going down.” 🍿
What do economies land on?
“In essence, the country is on the brink of recession: fears that it is inevitable are entirely justified, says Sofia Donetsk, chief economist at T-Investments….”
“…According to her forecast, the economic “winter” could continue until the end of 2026 – beginning of 2027. Probably, then the economy will “find the coldest point and push off from it,” Donetsk said.” I think what she’s trying convey here is that…
Dead cat bounce.
🎉😁
Dear Prune, you seem to have forgotten that the IMF is working with russias official (inflation) numbers. It is indeed already worse.
#Contraflation
Economic winter? All is well.
🤣
😂😂
