Russia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio

By Free Republic | Created at 2024-12-22 00:58:51 | Updated at 2024-12-24 02:27:30 2 days ago

Russia’s war machine is running on fumes as industry warns of bankruptcies and the Kremlin gets old tanks from movie studio
Fortune via MSN ^ | 21 December 2024 | Jason Ma

Posted on 12/21/2024 4:37:20 PM PST by Apparatchik

More evidence is piling up that Russia's military-industrial complex is nearing the brink after nearly three years of fighting in Ukraine.

President Vladimir Putin mobilized the economy for Russia's invasion, resulting in massive amounts of state funds for defense contractors along with low unemployment as working-age people build weapons in factories or serve on the front lines.

But that also stoked inflation, which has hit 9% and even forced Putin to acknowledge that it's "alarming." Russia's central has hiked its benchmark rate to 21% to rein in prices, but businesses are feeling the strain of all that monetary tightening.

In recent months, leaders in the defense industry and adjacent sectors that are critical to the war machine have sounded alarms.

The head of state arms giant RosTec warned that if rates stayed high, "then practically a majority of our enterprises will go bankrupt." The owner of Russian steel giant Severstal said it's more profitable for businesses to scale back operations and park their money in interest-bearing deposits. And the head of the Chelyabinsk Forge and Press Plant said at an economic forum that key areas of mechanical engineering could "collapse."

(Excerpt) Read more at msn.com ...

TOPICS: Foreign Affairs; Russia; War
KEYWORDS: economy; putler; russia; toilet

Hey! FReepers!
Help Fill The Tank!
How About It? Huh?
It Ain't Askin' Too Much
Ya Know....

Click here: to donate by Credit Card

Or here: to donate by PayPal

Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794

Thank you very much and God bless you.

Considering that Russia’s economy has become hugely dependent on the arms industry, the collapse of those companies could drive the whole country into a massive depression. Add that international sanctions on Russia would prevent any appreciable economic assistance. China, for one, will stand by and watch it burn.

At least all the unemployed workers can now be sent to the giant meat grinder and do their patriotic duty to die for Putin.

1 posted on 12/21/2024 4:37:20 PM PST by Apparatchik

To: Apparatchik

Weren't you the nutcase who called for nuclear war with Russia, or do I have you confused with another Zeeper?

To: Apparatchik

Unfortunately, this story could also just be propaganda by the globalists to keep the war going, by making the arguement the war can be won if it lasts just a little bit longer and gets a few billion dollars injected into it, and ultimately into the pockets of the globalists.

3 posted on 12/21/2024 4:42:37 PM PST by Jonty30 (Genghis Khan did not have the most descendants. His father had more. )

To: Jonty30

4 posted on 12/21/2024 4:47:17 PM PST by mosaicwolf

To: Apparatchik

Considering that Russia’s economy has become hugely dependent on the arms industry, the collapse of those companies could drive the whole country into a massive depression.

One way they can end the war in Ukraine is to continue to replace tanks they've lost in the war. That will prevent the factories from going idle.

To: mosaicwolf

Basically all of it is, both sides. Consequently, millions have died to enrich both sides.

6 posted on 12/21/2024 4:50:16 PM PST by Jonty30 (Genghis Khan did not have the most descendants. His father had more. )

To: Right_Wing_Madman

Apparently you are either mistaken or an idiot. I have never called for nuclear war with anyone. This is just another example of Putler Youth making $#/+ up out of the blue to try to score points and slavishly serve their master.

7 posted on 12/21/2024 4:53:13 PM PST by Apparatchik (Русские свиньи, идите домой!)

To: Apparatchik

Now that unconventional war is all the rage, wouldn’t be interesting if the Chicoms started to destabilize Russia economically and send over “immigrants” into Siberia for living space. They could do what’s been done in Europe and US. After enough of them have crossed over, China would have the pretext to protect them.
Russia is very overextended. Its population is smaller than Bangladesh and its GDP is less than Canada. It’s not a unified militaristic state as was Prussia.
IMO, Siberia is potentially worth more to China in the future than Taiwan in terms of land and natural resources.
Putin is a thug, Xi is a thug. Hitler and Stalin were thugs, they had a pact until Hitler invaded Russia.

8 posted on 12/21/2024 4:55:22 PM PST by grumpygresh ( Civil disobedience by non-compliance; jury and state nullification.)

To: grumpygresh

9 posted on 12/21/2024 4:58:15 PM PST by Apparatchik (Русские свиньи, идите домой!)

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Read Entire Article