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

submitted 10 months ago by SalaciousBCrumb@lemy.lol to c/world@quokk.au

41 comments fedilink hide all child comments

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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[–] h3mlocke@lemm.ee 5 points 10 months ago (4 children)

Wait a minute, how long is a piece of string?

[–] Yawweee877h444@lemmy.world 9 points 10 months ago

It highly depends on how long it is.

[–] ZagamTheVile@lemmy.world 5 points 10 months ago

About an hour.

[–] casmael@lemm.ee 3 points 10 months ago

About 6 inches ;)

[–] prex@aussie.zone 2 points 10 months ago

yes