Privateer Station: War In Ukraine4 Apr 2024

State of Russian Economy: Gasoline Production Drops. Mobilization and Labor Scarcity. by Milov & Nacke.

The impact of Ukrainian attacks on Russian refineries is beginning to show.
Gasoline production collapsed. Down 17% by the end of February. It's hard to remember when this ever happened. The expectations of Nabiullina, who kept trying to convince everyone that there were some signs for reduced inflation, did not come true. On the contrary, inflationary processes re-ignited. Unfortunately, military production also began to grow, which still remains a little mysterious, as for several months before this the defense industry showed production stagnation. Is this an isolated incident or a new trend? We discuss it in the latest economic report with Vladimir Milov.

The main Russian problem remains the shortage of personnel, which is only exacerbating. Milov believes that this is one of the main reasons why Putin does not want to carry out mobilization in full force, as it will simply destroy the economy.
All this in this latest podcast!

YouTube channel of Vladimir Milov: @Vladimir_Milov

English translation by PrivateerStation

Original video in Russian: https://youtu.be/093SBG2-yXs

Original material by: Michael Nacke
You can support them 💰@ /macknack

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