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Tymofiy Mylovanov Profile picture
@Mylovanov
Nov 27 • 12 tweets • 5 min read • Read on X
Russian economy is tanking. Here is new evidence

1. Food inflation alone in Russia has surged 70% this year. Potato prices up 73% and butter 30%. True inflation since the invasion in 2022 is 71.4%, dwarfing the official number of 28% 1/ Image
GDP growth slowed to 3.1% in Q3, down from 4.1% in Q2 and 5.4% in Q1. Reports of "growth without development" as war spending diverts resources from infrastructure, health, and education 2/

Contract soldiers earn triple the average wage, with bonuses up to $22,000-$30,000 for signing and $100,000+ in death benefits. But there is more. 3/

edition.cnn.com/2024/11/18/eco…
Russia offers to forgive the new conscripts debts up to 10 million rubles, which is $100k. Now the total payments for signing a contract are up to $135k. This is "deathonomics" in action 4/ Image
Over the past 3 months, the dollar has risen by 18% against the ruble 5/
Mortgage rates are over 28%, and record-high interest rates of 21%—the highest since 1999

The major developers in Russia are failing because people can no longer afford mortgages 6/ Image
Image
Russians now use Soviet civilian LADA vehicles to storm Ukrainian positions. It goes as well as you would imagine 7/

Sanctions continue to strengthen. E.g., banks in nine countries have stopped servicing Gazprombank UnionPay cards: Hungary, Vietnam, Germany, Kazakhstan, Kazakhstan, Qatar, Turkey, UAE, Thailand, and even China 8/

Image
Sanctions make it impossible to service Russian planes, so they start to burn. On Nov 24, for example, Russian “Sukhoi Superjet 100” catches fire in Antalya X
Tim White wrote about food prices a week ago in detail:

Some of the price rises for #Russia in 2024 so far, with still 12% of the year remaining
These are OFFICIAL Rosstat figures:

Potatoes +73%
Onions +33%
Butter +30%
Cabbage +26%
Beetroot +25%
Lamb +21%
Milk +15%
Beef +11%
And today Russian ruble continue to plummet against the U.S. Dollar Image
Image
Russian Central Bank suspends Ruble trading

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More from @Mylovanov

Tymofiy Mylovanov Profile picture
Nov 28
In Astana, Putin brags about Russia’s weapons being bigger and better than anything the West has and threatens to bomb Ukraine out of existence. He says he is making more missiles than NATO and his "Oreshnik" is unbeatable

This isn't crazy, but strategic intimidation 1/ Image
Putin: Russia makes ten times more missiles than all of NATO combined, and next year, production will grow another 25-30%

Translation: I will drive my economy to the ground, the way the USSR did it 2/
Putin: The "Oreshnik" hypersonic weapon is unmatched worldwide, with deadly precision and devastating power. Its strike temperature reaches 4,000 degrees., turning everything in the blast zone into dust. 3/
Read 6 tweets
Tymofiy Mylovanov Profile picture
Nov 27
Biden wants to be remembered for his actions on Ukraine and Israel. Yet, on Ukraine, in 2022, he had a chance to stop the war but hesitated. By managing fictional Russian red lines, Biden allowed the war to entrench and escalate

Now, his final steps are too little too late: 1/ Image
His request for support is nothing but a symbolic gesture. Will it get through? We remember how well went the last time 2/
Biden reversed policies on land mines and long-range missiles. Great. But there very few of those ATACAMS to make a difference and Russia had plenty of advanced warning to move vulnerable assets 3/
Read 5 tweets
Tymofiy Mylovanov Profile picture
Nov 26
It’s psychological warfare, and Rogan fell for it. By amplifying Kremlin narratives about Ukraine, Joe Rogan isn’t critiquing U.S. policy—he’s doing Putin’s work. Escalation? WWIII Really? That’s what’s real: an unchecked Russia makes the U.S. weaker 1/

Rogan calls American missiles to Ukraine “insane escalation.” But what are we supposed to do? Give out the other cheek so more of us die? Russia started it and continues to murder Ukrainians daily. That’s not escalation, but defense and survival 2/

Staying quiet isn’t peace—it’s surrendering and inviting more murder and escalation in the future. Ukraine is possibly standing today only because the world didn’t push back Russia on Chechnya. Georgia. Crimea. Syria. 3/
Read 7 tweets
Tymofiy Mylovanov Profile picture
Nov 25
Politico raises an excellent question! Why is the Europe afraid to fight Russia back even when Russia attacks Europe directly through sabotage and terror

I think because EU politicians are weak and have no idea or capability to respond. Things will get much worse for Europe 1/ Image
Recent incidents attributed to Russia are an incendiary bomb at Leipzig airport and severed undersea cables in the Baltic Sea 2/
Known attacks include sabotage of critical infrastructure, targeting arms manufacturers (attempted assassination of Rheinmetall CEO), and arson attacks across multiple European countries 3/
Read 8 tweets
Tymofiy Mylovanov Profile picture
Nov 25
"Putin told me he did not want Ukraine to exist," Former EU Commission President

Good thing Ukraine showed Putin it is not for him to decide!

1/ Image
Former EU Commission President Barroso tells Euronews Putin directly told him during their 25 meetings that he didn't want Ukraine to exist as an independent state 2/
Putin described Ukraine as an "artificial country created by the CIA and European Commission," wanting it to remain a vassal state like Belarus

(I think Putin is nuts!) 3/
Read 7 tweets
Tymofiy Mylovanov Profile picture
Nov 24
North Koreans were not enough. Now Russia recruits Yemenis against their will(?!)

Houthi-linked company owned by Abdulwali al-Jabri (sentenced to death in 2021 by pro-Saudi court) trafficking Yemenis to Russia under false job promises of $10,000 bonus and $2,000 mon salary 1/ Image
Around 200 Yemenis forcibly conscripted in September; video shows untrained recruits building bunkers under fire without winter clothing 2/
What do Yemenis got in return? US envoy Tim Lenderking confirmed Russian personnel in Sana'a discussing "alarming" weapons transfers with Houthis for Red Sea ship targeting 3/
Read 6 tweets

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