https://www.businessinsider.com/russian-economy-overheating-consumer-spending-tourism-central-bank-interest-rate-2024-7
Despite sweeping sanctions over its invasion of Ukraine in February 2022, Russia's economy hasn't broken down and even appears resilient, as it's now being driven by wartime state spending on military activities and subsidies.
"Consumption is booming due to a combination of massive budget spending and labor force shortages leading to strong wage pressures,"
The idea of the economy "overheating" is the dumbest shit I've ever heard
9% inflation, oh my god, what will they do! No one has ever seen anything like that.
Uhh, well, it's because US citizens are paid too much! Our inflation is caused by US being so damn good at freedom!
The economy is too hot! It's going to blow! The economy is reaching the melting point! We have to cool down the economy or it's all over!
I hate economists so much
Libs are so credulous it's staggering sometimes.
I remember watching some WW2 documentary as a kid, and they were interviewing German civilians. One lady said that they all believed the news from the front and thought that the reports of every battle being a victory were true. It was only as the war dragged on and all the victories moved closer and closer to Berlin that people really started to realize.
All this to say, it blows my mind but I think a ton of libs today are worse off than this. Think of how many people you know who wouldn't believe it until the red flag was flying over the reichstag