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Russian economy in freefall as mortgage costs triple and mass layoffs cripple major firms (www.irishstar.com)

submitted 4 months ago by [email protected] to c/[email protected]

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Russia's economy is teetering on the brink of collapse, with industrial production taking a nosedive and major corporations initiating widespread layoffs as the impact of a three-year war with Ukraine inevitably hits home.

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[–] [email protected] 9 points 4 months ago

Interesting. Sounds like China is tired of propping them up. If China hadnt helped them out they'd be selling Siberia to China right about now. Xi Jinping might have wasted this conflict.