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NeonPurpleStar :heart_bi: (neonpurplestar@outerheaven.club)'s status on Monday, 09-Sep-2024 20:10:43 JST NeonPurpleStar :heart_bi: @joesticker @VikingChieftain this was the yuan currency borrowing rate for russia last thursday, it has come down again to ~20% today (which is still huge), but the normal value for this rate is at ~1,5% -
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Joe Sticker (joesticker@mastodon.nu)'s status on Monday, 09-Sep-2024 20:10:45 JST Joe Sticker @VikingChieftain without Chinese support this war would probably be over by now.
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Viking Chieftain (vikingchieftain@krigskunst.social)'s status on Monday, 09-Sep-2024 20:10:46 JST Viking Chieftain Latest video from Perun. It's about how the Russian economy is doing.
The Russia-Ukraine war has heavily strained Russia’s economy, with high inflation and borrowing costs despite sanctions. The Ruble has stabilized and GDP is growing, but labour shortages and high military spending persist. Future stability hinges on managing wartime costs and transitioning post-war. Sanctions continue to affect business costs, economic adjustments, and defence industry funding.
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