Russia and Ukraine flashpoint

[Bofferbrauer2]

shavenferret said:

"Russia seems headed towards a February 1917 moment.

1. A kilogram of potatoes in Nov 2024 is 73% more expensive than in Jan 2024.
2. Interest rates reached 21% in Oct 2024
3. Mortgage rates have risen to 28%"

https://x.com/TrentTelenko/status/1858300100117758121

Yeah, Russia's economy is overheating, and there's pretty little they can do against it short of ending the war:

Basically, real inflation is close to 30% already, and the full employment means that wages will continue to rise fast, especially in anything military-related. But this will fuel the inflation further and further.

However, while I agree with February 1917, I disagree with the country. Both Russia's economy and war effort are very comparable to Germanys during WW1. Germany also went through significant inflation during the war, but it's only afterwards where all the affter-effects started to bite and send the country onto the course of a hyperinflation. I see the Rouble soon being worth rubble at this rate.