Even as advances in the Kursk region reveal cracks in Russian military strength, some still cling to an illusion of a resilient Russian economy. Unchecked government spending propels this narrative.
Russia's economy presents a façade of stability driven by extensive fiscal stimulus, yet this oversimplified view overlooks the unsustainable nature of such spending practices and the evident decline in the productive core.
The government’s spending spree mimics Keynes' metaphor of digging trenches, appearing to boost GDP while failing to generate genuine economic progress or benefit the lives of ordinary Russians.
Vast resources have shifted toward defense, leaving consumer sectors starved for investment, resulting in inflation and increased debt burdens for citizens; this demonstrates a prioritization of military over economic health.
Collection
[
|
...
]