this post was submitted on 29 Sep 2022
33 points (100.0% liked)
Memes
45626 readers
1421 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Are inflation and cost of living rate in Europe going up or down right now?
Yeah, that's sort of the elephant in the room. The west has been printing money like no tomorrow each time there has been a risk of a recession. This goes back at least all the way to the Y2K crisis. They've been basically externalizing the problem into the future all this time. Then the pandemic hit and the economic war and all of a sudden printing money doesn't solve the problem anymore and they don't know what to do.
Meanwhile, Russia's been shoring up its economy since 2014 and carefully weaning itself away from the west this whole time so it would be able to survive decoupling. I can guarantee that China's been doing the same, and these will be the rising economies as western financial system spirals out of control next year.
we'll see soon enough
Nobody said Russia doesn't have problems, what I keep explaining to you is that Russia is much better off relative to Europe. I get that basic facts like food and energy security are really hard for you to wrap your head around.
LMFAO look at you a certified expert on where money goes in Russian economy. 😂
How to say you've never seen a map in your entire life without saying you've never seen a map in your entire life. 😂