75
Russia’s President Vladimir Putin said earlier this month that the Russian economy needs nearly 1 million new workers because of an unemployment rate of only 2.4% (hexbear.net)
submitted 5 days ago by Yuritopiaposadism@hexbear.net to c/news@hexbear.net
22 comments fedilink hide all child comments

https://www.cnn.com/2024/11/18/economy/russia-inflation-new-heights-intl-analysis/index.html

Inflation is being driven by the rapid rise in wages as the Kremlin pours billions into military industries and sends millions of men to fight in Ukraine. In the middle of a war, companies outside the defense sector can’t compete for workers without paying much higher wages. In turn, they charge higher prices. So the spiral continues.

“Prices are rising because of the war,” Alexandra Prokopenko at the Carnegie Russia Eurasia Center in Berlin told CNN. “Demand in the economy is distorted in favor of unproductive spending. Wages rise because employers have to compete for labor.

top 22 comments
sorted by: hot top controversial new old
[-] merthyr1831@lemmy.ml 51 points 5 days ago* (last edited 5 days ago)

As a Brit, it's really funny seeing this "russia is toast ANY second now, guys" propaganda when we've had lurpak locked up in plastic alarmed boxes since 2020.

Of course the Russian economy is gonna struggle, but even an imploding post-soviet neoliberal hellscape is gonna roll an identical post-soviet neoliberal hellscape but with half a dozen f-16s and a fraction of the population.

[-] SkingradGuard@hexbear.net 16 points 4 days ago

we've had lurpak locked up in plastic alarmed boxes since 2020.

Wait really? Lmao what the fuck

[-] merthyr1831@lemmy.ml 13 points 4 days ago* (last edited 4 days ago)

depends on the store.

Though it was cheese I saw that was locked up in actual fkn boxes. Similar articles mention other measures like only stocking 3 or 4 expensive items at a time so a smash n grab isn't as lucrative.

Also, shops about the size of a bodega or gas station store often have private security during evenings, but that has been a thing for years now??? idk I only noticed it since I moved to England from Wales in 2017. Theyve been a thing at larger stores for longer but now even smaller (usually chain) stores enlist them.

[-] Awoo@hexbear.net 11 points 4 days ago

Though it was cheese I saw that was locked up in actual fkn boxes.

Cheese is extremely good to steal. Really easy shape to pocket and feeds you for a week's worth of sandwiches.

Cheese, ham and butter are probably the most stolen food items. Then the bread is paid for.

[-] merthyr1831@lemmy.ml 10 points 4 days ago

I've swiped a few things through self checkouts - usually extra pricey vegan meat lmao. It's just so funny how these same stores usually have a food bank collection at the front that's entirely customer-funded when fuckloads of perishable meats, dairy, etc. are just thrown out or sold at a massive discount via those discount food waste apps.

[-] hexbee@hexbear.net 4 points 4 days ago

I always think about this when I see those food donation boxes, what a joke

[-] RiotDoll@hexbear.net 43 points 4 days ago

sounds like a problem that could be fixed with, i dunno, reverting to a previous expression of government.

Russia, revive socialism. Then release your queer and lgbt issues, make the new scapegoat an actual enemy, instead of making up enemies within

[-] Tomorrow_Farewell@hexbear.net 15 points 4 days ago

sounds like a problem that could be fixed with, i dunno, reverting to a previous expression of government

Monkey paw curls
Yeltsin rises from the grave

[-] William_Nilliam@hexbear.net 47 points 4 days ago

Their evil locking up of butter, our just locking up of baby formula

[-] FuckyWucky@hexbear.net 44 points 5 days ago* (last edited 5 days ago)

In turn, they charge higher prices. So the spiral continues.

wtyp time to reduce profit share

And when the war ends, Russia will have to adapt to a post-war economy, curbing state spending, reintegrating huge numbers of demobilized soldiers and reorientating companies away from feeding military industries.

or they could not do that, implement a jobs program so that all the demobilized soldiers can get a job in the public sector instead of being unemployed.

I mean it is clear that even the CNN knows there won't be a Zimbabwe style scenario in Russia in part thanks to the economic policies of the Soviet era.

[-] Infamousblt@hexbear.net 32 points 5 days ago

No see Putler and Ruzzzia are all totally dumb irrational actors and they can't possibly think of a complicated solution such as "put all those soldiers to work on public things". They'll surely just let all those soldiers go instantly unemployed and let them be disgruntled and that will lead to a western friendly revolution! Putin cooked himself here and can't possibly think of ways to prevent it!

[-] Des@hexbear.net 32 points 5 days ago* (last edited 5 days ago)

cool and good scenario: Putin does big government FDR style programs post-war to keep vets productive, people begin to trust the state's capacity again, Putin dies naturally, United Russia breaks up into it's constituent parties without a solid successor, Russian Communist Party gains a slim majority and leverages this state power, we get a reborn but significantly more lib Soviet Russia closely aligned to China

Sino-Soviet split finally vindicated

[-] TheDoctor@hexbear.net 14 points 4 days ago

lathe-of-heaven please

[-] supafuzz@hexbear.net 25 points 4 days ago

just let all those soldiers go instantly unemployed

this is exactly what all western governments would do though

[-] Collatz_problem@hexbear.net 8 points 4 days ago

They can, because Putin is a LIB

[-] spectre@hexbear.net 27 points 5 days ago

Just keep them in the army and assign them to build shit?

[-] HelltakerHomosexual@hexbear.net 34 points 4 days ago* (last edited 4 days ago)

Russia will forever suffer for not being socialist until it makes the sane decision to return to the most superior form of civilization they tried to kill 30 years prior

[-] Yukiko@hexbear.net 30 points 5 days ago

Only 25% more expensive? Hot damn I wish I was that lucky.

[-] barrbaric@hexbear.net 20 points 4 days ago

TFW your country's not even "at war", but grocery prices are up over 50% just for fun.

[-] Gorb@hexbear.net 5 points 4 days ago

Oh so they finally caught up with the practices of Tesco? Bet they haven't alarmed their cheese yet smh my head

this post was submitted on 18 Nov 2024
75 points (100.0% liked)

news

23564 readers
671 users here now

Welcome to c/news! Please read the Hexbear Code of Conduct and remember... we're all comrades here.

Rules:

-- PLEASE KEEP POST TITLES INFORMATIVE --

-- Overly editorialized titles, particularly if they link to opinion pieces, may get your post removed. --

-- All posts must include a link to their source. Screenshots are fine IF you include the link in the post body. --

-- If you are citing a twitter post as news please include not just the twitter.com in your links but also nitter.net (or another Nitter instance). There is also a Firefox extension that can redirect Twitter links to a Nitter instance: https://addons.mozilla.org/en-US/firefox/addon/libredirect/ or archive them as you would any other reactionary source using e.g. https://archive.today . Twitter screenshots still need to be sourced or they will be removed --

-- Mass tagging comm moderators across multiple posts like a broken markov chain bot will result in a comm ban--

-- Repeated consecutive posting of reactionary sources, fake news, misleading / outdated news, false alarms over ghoul deaths, and/or shitposts will result in a comm ban.--

-- Neglecting to use content warnings or NSFW when dealing with disturbing content will be removed until in compliance. Users who are consecutively reported due to failing to use content warnings or NSFW tags when commenting on or posting disturbing content will result in the user being banned. --

-- Using April 1st as an excuse to post fake headlines, like the resurrection of Kissinger while he is still fortunately dead, will result in the poster being thrown in the gamer gulag and be sentenced to play and beat trashy mobile games like 'Raid: Shadow Legends' in order to be rehabilitated back into general society. --

founded 4 years ago
MODERATORS
Alaskaball@hexbear.net
ZoomeristLeninist@hexbear.net
carpoftruth@hexbear.net
GinAndJuche@hexbear.net
Breath_Of_The_Snake@hexbear.net
InsidiousTrackers@hexbear.net