https://www.cnn.com/2024/11/18/economy/russia-inflation-new-heights-intl-analysis/index.html

Inflation is being driven by the rapid rise in wages as the Kremlin pours billions into military industries and sends millions of men to fight in Ukraine. In the middle of a war, companies outside the defense sector can’t compete for workers without paying much higher wages. In turn, they charge higher prices. So the spiral continues.

“Prices are rising because of the war,” Alexandra Prokopenko at the Carnegie Russia Eurasia Center in Berlin told CNN. “Demand in the economy is distorted in favor of unproductive spending. Wages rise because employers have to compete for labor.

  • merthyr1831
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    1 month ago

    As a Brit, it’s really funny seeing this “russia is toast ANY second now, guys” propaganda when we’ve had lurpak locked up in plastic alarmed boxes since 2020.

    Of course the Russian economy is gonna struggle, but even an imploding post-soviet neoliberal hellscape is gonna roll an identical post-soviet neoliberal hellscape but with half a dozen f-16s and a fraction of the population.

      • merthyr1831
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        1 month ago

        depends on the store.

        Though it was cheese I saw that was locked up in actual fkn boxes. Similar articles mention other measures like only stocking 3 or 4 expensive items at a time so a smash n grab isn’t as lucrative.

        Also, shops about the size of a bodega or gas station store often have private security during evenings, but that has been a thing for years now??? idk I only noticed it since I moved to England from Wales in 2017. Theyve been a thing at larger stores for longer but now even smaller (usually chain) stores enlist them.

        • Awoo [she/her]@hexbear.net
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          1 month ago

          Though it was cheese I saw that was locked up in actual fkn boxes.

          Cheese is extremely good to steal. Really easy shape to pocket and feeds you for a week’s worth of sandwiches.

          Cheese, ham and butter are probably the most stolen food items. Then the bread is paid for.

          • merthyr1831
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            1 month ago

            I’ve swiped a few things through self checkouts - usually extra pricey vegan meat lmao. It’s just so funny how these same stores usually have a food bank collection at the front that’s entirely customer-funded when fuckloads of perishable meats, dairy, etc. are just thrown out or sold at a massive discount via those discount food waste apps.