Putin ‘peddling lies’ about ailing Russian economy, say EU ministers (www.theguardian.com)
from MicroWave@lemmy.world to world@lemmy.world on 24 Jul 2024 11:45
https://lemmy.world/post/17904097

Group of finance ministers call for sanctions to be ratcheted up amid signs Moscow’s war machine is weakening

Vladimir Putin is “peddling lies” about the strength of the Russian economy that must be refuted, finance ministers from eight EU member states have said, with growing signs of deterioration in the face of biting sanctions.

They say there are signs that the economy is being “sovietised” with many hallmarks of the former USSR including expropriation of private assets to fund public spending, a “total disregard to the social and economic wellbeing of the population” and reorientation of the economy towards its war in Ukraine.

“If Putin stays on this path, the long-term damage to the Russian economy will be significant,” they wrote in a joint article in the Guardian.

#world

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FlyingSquid@lemmy.world on 24 Jul 2024 11:56 next collapse

<img alt="" src="https://www.icegif.com/wp-content/uploads/2023/07/icegif-213.gif">

ptz@dubvee.org on 24 Jul 2024 11:58 collapse

<img alt="Patrick Stewart demonstrating mild shock" src="https://media0.giphy.com/media/v1.Y2lkPTc5MGI3NjExeXBzZzk3MWw3bnkwNmpvcGxuNWtocHdkODc5bDV3YXNoYW1vZWM4NiZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/1HeZqw6lfhZnO/giphy.webp">

eran_morad@lemmy.world on 24 Jul 2024 12:09 next collapse

Good. Fuck russia. Harris 2024, bring the fucking pain.

ced1r5j9i6@discuss.online on 24 Jul 2024 12:29 collapse

Pain to who? The whole Europe?

eran_morad@lemmy.world on 24 Jul 2024 12:30 next collapse

Cool story, blyat.

Bronzie@sh.itjust.works on 24 Jul 2024 12:34 next collapse

Worth every penny you russian bot

[deleted] on 24 Jul 2024 15:15 collapse
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ralphio@lemmy.world on 24 Jul 2024 12:33 next collapse

Yeah that post war economy is gonna be hell, and this has knock on effects for years since it limits the spending that can be used to modernize the military in the future. It’s hard to see how this invasion will be remembered as a move that helped Russia long term.

greenshirtdenimjeans@sh.itjust.works on 24 Jul 2024 13:52 next collapse

You know what else limits spending? All those dead soldiers won’t be paying taxes, working, contributing anything to their country. Big brain decision making over there.

Wanderer@lemm.ee on 25 Jul 2024 22:43 collapse

If Putin get replaced and the war stops everyone in Russia will look back to the “good old days” when Russia was strong and could fight a war and have money. Then the cycle will repeat. It’s just moving money from tomorrow to today, on the surface today looks like the economy is strong.

Buffalox@lemmy.world on 24 Jul 2024 12:42 next collapse

the economy is being “sovietised”

We don’t need to import cars, we have cars at home…

The car at home:

<img alt="" src="https://lemmy.world/pictrs/image/2cd79bf7-7d35-4000-b31c-82bb718f1916.jpeg">

FlyingSquid@lemmy.world on 24 Jul 2024 13:15 collapse

Russians today:

<img alt="" src="https://lemmy.world/pictrs/image/9b8dc12c-0156-4cb8-8201-6bbe8e2d505b.png">

Is Lada! Is status symbol!

Buffalox@lemmy.world on 24 Jul 2024 13:33 next collapse

Ooohh it even has built in snow plow! Very practical for Russian winters. 😋
And extra wide tires, so all 61 HP have perfect grip. 🤣

Damage@feddit.it on 25 Jul 2024 09:22 collapse

The car they’re most proud of is a discarded FIAT

BombOmOm@lemmy.world on 24 Jul 2024 12:50 next collapse

In related news today, Top Russian economist dies after falling out of window.

Leate_Wonceslace@lemmy.dbzer0.com on 24 Jul 2024 13:43 next collapse

Ah. A Russian unfortunate accident.

Rentlar@lemmy.ca on 24 Jul 2024 14:08 next collapse

Yeah the latest news I heard about the Russian economy was about falling out of a window. Sure sounds like things are looking up for them…

gravitas_deficiency@sh.itjust.works on 24 Jul 2024 16:02 collapse

Only if they landed on their back after shooting themselves twice in the back of the head and falling from the balcony

Delusional@lemmy.world on 26 Jul 2024 05:47 collapse

Sounds like someone saw the signs of impending doom and tried to stop it. But Putin loves impending doom.

Doom@ttrpg.network on 24 Jul 2024 15:32 next collapse

But the tankies were telling me the Russian economy is booming! Losing a war 3 day special operation makes you mad cash gang!!

aaaaace@lemmy.blahaj.zone on 24 Jul 2024 16:01 next collapse

One just fell out a window at 80-something… newsweek.com/top-russian-economist-dies-after-fal…

sazey@lemmy.world on 24 Jul 2024 22:37 collapse

EU ministers have no right to point fingers on selling lies about ailing economies.