Україна Ukraine

War is always good for financiers.

The ruzzians are throwing away their future in a vain attempt to appear like they aren't 90% dead, already. Even if they somehow survive, the bill for all this mad spending by the Kremlin will come due.

The nature of Russia’s wartime government means that there’s no guarantee that the Central Bank’s figures are completely accurate. Large swathes of data are no longer made public, while government departments have a clear incentive to present a picture rosier than reality.

The article goes on to suggest the "bumper year" was due to Putin dumping a lot of gold into the banks to make numbers go up. "state spending".

Propaganda works. This is straight-up restaurant-quality propaganda with no proof and no way to prove the claim. Are we actually going to believe the russian economy is booming? The fuck? No. Did China slip a few billion in the ol' Putin hat for good measure? Sure, maybe, why not. Are they just straight-up cooking the books for the clicks? Very likely. Booming economy? HAHAha - no.

That's interesting considering the RUB is basically the evil twin of SHIB coin.

Lol Russia telling the truth would never happen.