Summary: Russia’s brain drain, exacerbated by the loss of skilled workers and population decline, is expected to have long-term negative effects on the economy, with growth likely to become sluggish as the pool of innovative talent dries up. This issue is more serious than inflation, as it could be challenging to replenish the supply of skilled workers, particularly with ongoing losses in the workforce due to the war. Labor productivity and patent filings have already declined, indicating a weakening in key economic sectors. Over time, Russia’s economy may become increasingly reliant on natural resources rather than innovation, leading to a poorer quality of life as public services deteriorate. Some economists warn that Russia could face severe economic consequences, including a possible recession by the end of the year. This marks a stark contrast to the strong growth and investment seen in the 1990s and early 2000s.
newswall-org on
More on this subject from other reputable sources:
If a country is left with only dummies to teach those with no knowledge that will become a problem in a couple of years. Ruzzia will be back in 1950 after this is all over. Will take them decades to recover (if it happens at all).
StealthCuttlefish on
Don’t worry. Putin signed a decree to streamline immigration process to Western foreigners who oppose “destructive neoliberal ideas.”
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Summary: Russia’s brain drain, exacerbated by the loss of skilled workers and population decline, is expected to have long-term negative effects on the economy, with growth likely to become sluggish as the pool of innovative talent dries up. This issue is more serious than inflation, as it could be challenging to replenish the supply of skilled workers, particularly with ongoing losses in the workforce due to the war. Labor productivity and patent filings have already declined, indicating a weakening in key economic sectors. Over time, Russia’s economy may become increasingly reliant on natural resources rather than innovation, leading to a poorer quality of life as public services deteriorate. Some economists warn that Russia could face severe economic consequences, including a possible recession by the end of the year. This marks a stark contrast to the strong growth and investment seen in the 1990s and early 2000s.
More on this subject from other reputable sources:
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– Kyiv Post (C-): [Largest Ukrainian Drone Assault Sparks Fires at Moscow and Tver Power Plants](https://www.kyivpost.com/post/38278)
– France 24 (A-): [🔴 Live: Ukraine launches 158 drones in attack on Moscow and border regions, Russia says](https://www.france24.com/en/europe/20240901-%F0%9F94%B4-live-ukraine-war-drones-attack-moscow-border-regions-russia)
– Al Jazeera (C+): [Russia says it intercepted more than 150 Ukrainian drones in ‘massive’ raid](https://www.aljazeera.com/news/2024/9/1/russia-says-it-intercepted-more-than-150-ukrainian-drones-in-massive-raid)
– Wall Street Journal (B): [Ukraine Strikes Moscow Oil Refinery in Massive Drone Barrage](https://on.wsj.com/3Z7zwln)
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If a country is left with only dummies to teach those with no knowledge that will become a problem in a couple of years. Ruzzia will be back in 1950 after this is all over. Will take them decades to recover (if it happens at all).
Don’t worry. Putin signed a decree to streamline immigration process to Western foreigners who oppose “destructive neoliberal ideas.”
[https://www.businessinsider.com/putin-russia-safe-haven-for-people-escaping-western-liberal-ideals-2024-8](https://www.businessinsider.com/putin-russia-safe-haven-for-people-escaping-western-liberal-ideals-2024-8)
Surely, this would offset the brain drain. Right? Right!?