THREE years into the war with Ukraine, Russia’s wealthiest are increasingly bringing their money home, fuelling an unlikely rebound in high-end Moscow real estate. Read more at The Business Times.
  • jUzzo6 [none/use name]@hexbear.netEnglish
    5·
    14 hours ago

    In the same gist as 2008 crisis shown that half of “economic theory” is bollocks serving to prop capitalism, “Russia sanctions” shown how non-western countries are bleed dry by capital flight. Also, going after rich Russians in hope that they will in turn topple Putin was biggest miscalculation west did.

    • ☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOPEnglish
      2·
      8 hours ago

      I can’t believe anybody expected that to work. Western politicians, analysts, and diplomats were exposed as being utterly incompetent throughout the war.