Russlands Konsumboom während des Krieges nimmt zu, während die Käufer ihren Geldbeutel knapper machen

Some highlights:

> Growth in consumer spending has weakened across most regions, the Central Bank of Russia said in a report published Wednesday.

> Retailers in many regions report weakening demand for big-ticket and nonessential goods, marking a clear cooling after the post-2022 consumer boom.

> Wage growth has slowed, and firms across multiple regions report reduced manpower demand and less urgency to hire, reflecting a cooling labor market, according to the central bank report.

Interesting to see if the trend continues.

> Oil and gas revenues — the backbone of Russia’s budget — dropped 34% year-over-year in November.

> Top officials had sounded alarms. In December 2023, Elvira Nabiullina, Russia’s central bank governor, warned that the economy was at risk of overheating.

> Last June, the head of Russia’s largest bank said the economy was „definitely and strongly overheated.“

For how long they can sustain their economy in any realistic way?

The Russians will be eating their pet hamsters for Christmas dinner.

Wait a minute, weren’t the Russians predicting this for Ukraine 3 years ago?

Maybe Russian serfs will have to settle for Russian nesting dolls that are nesting 2, 3 or 4 deep instead of 30 nested dolls. Maybe 5 pencils to share between a family for the year and maybe they will have to rummage through the Kremlin trash for tidbits of cake that the Gremlin in the Kremlin has thrown out.

Merry Christmas Vladimir Vladimirovich Putin.
🫡🇺🇦 Let’s go Ukraine, kick some Kremlin ass to the curb in 2026.🫡🇺🇦