- Joined
- Oct 30, 2021
- Messages
- 35,071
- Reaction score
- 37,183
- Gender
- Undisclosed
- Political Leaning
- Undisclosed
Russia's GDP crashed in the Q2
![]()
Russia's GDP growth slows to 1.1% in Q2, says Rosstat
Russia's gross domestic product grew by 1.1% in the second quarter of 2025 compared with 4.0% growth in the same period last year, federal statistics service Rosstat said on Wednesday, another sign that Russia's economy is slowing.www.reuters.com
I think the US is, what, about 1.5% on the year? EU nations aren't even growing. I do think Russia is going to have - probably already is having - a period of economic flat-lining similar to what the US experienced in the lates stages of WW2. Wartime production provides a boost for a couple of years before it tends to plateau and perhaps go into recess. It's not collapsing, however. Russia's like in the top 5 economies on the planet when it comes to purchasing power and it has vast quantities of natural resources, and it's far, far ahead of the US in terms of procuring more resources in the Arctic.