News from Russia:
— Potato prises are up 74 percent since Jan 1.
— The Russian central bank is expected to raise interests to 23 percent in December.
— In just 10 days, the value of the ruble against the dollar has declined 12 percent.
— In construction, Russia is missing 300,000 workers because the wages they pay in rubles are becoming worthless to international workers.
Putin’s last chance is for Trump to hit the pause button on the Ukraine war. Europe must deny him that chance.
@joesticker
The industrial and agricultural capacities were much probably much higher in the days of USSR's demise, especially when it comes to everything but commodities/raw materials, the population was probably healthier and better educated, it was an emerging market, attractive to companies from all around the world, now it's saturated with Chinese products — all in all, I think it's much worse now.
@randahl