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submitted 2 years ago by sv1sjp@lemmy.world to c/worldnews@lemmy.ml
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[-] pingveno@kbin.social 14 points 2 years ago

They pulled a bunch of emergency levers then to stabilize the ruble (and the economy as a whole). Thing is, emergency levers are emergency levers. You can't just keep pulling them. It's been predicted for a while that Russia would not be able to prop up its economy forever.

this post was submitted on 15 Aug 2023
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