Beyond Putin's "tightening the screws," which we'll get to, first, per Kai Ryssdal (who's actually a neoliberal ass) "let's take a look at the numbers" in this piece from the New Yorker.
It acknowledges that the Russian economy grew by 4 percent or so in both 2023 and 2024, but saw that rate contract in 2025, and that the economy is actually shrinking 2 percent so far this year. And, per the US definition of two consecutive quarters of contraction, yes, Russia is not quite two months away from officially being in recession.
Not a horrible one, but a recession.
At the same time, inflation continues to rise. Russia's central bank has its prime rate at 14 percent, nearly double that of the pre-war era.
Ahh, that.
I call the invasion neither justified nor unjustified.
I do call it botched, though.
Contra people who, going beyond condemning NATO to being full apologists for Vlad the Impaler, his original plan was to capture Kiev, which Joshua Yaffa notes in this piece. And by not devoting enough men, machinery or materiel to the original effort, Putin blew it. Period. People like, at least halfway, the problematic Simplicius, who claim that was not the original plan, are lying. There's no way to — and no reason to — put it more politely. Indeed, after that initial January 2025 callout of him at the link in this paragraph, by last fall, I was wondering if he's a Russian disinformation agent. Speaking of, and ignoring what Yaffa rights, that Vlad the Impaler has downsized the regular Victory Day parade on Red Square because of the Ukrainian drone threat, Simplicius plays up Moscow's counterthreat if Kyiv tries something.
Here's the reality:
Earlier this month, the Kremlin announced that this year’s Victory Day parade, held every May 9th in Red Square to commemorate the Soviet victory in the Second World War, which is typically a show of Russian might, would be a modest, small-scale affair. The usual columns of tanks and missile launchers and marching soldiers will be absent—they present too inviting a target for Ukrainian drones. (Dmitry Peskov, Putin’s spokesman, acknowledged the “terrorist threat.”)
Straight from Putin's horse's mouth.
Followed by this related in the next paragraph:
Then, on May 4th, multiple news outlets published stories on a leaked report from an unnamed European intelligence agency which describes disorder in the Russian security services over their inability to protect the country from Ukrainian drone attacks and assassination attempts.
Well, there you go.
I said last fall, at the end of the piece, that I was "snarking" on him being a Russian disinformation agent. Maybe I need to nuance that snark with a bit of seriousness.
Related to the economy of Russia now being officially in reversal, Russia's attritional gains are slowing down. (Simplicius does handwaving and gaslighting over that.)
That said, while not knowing if asking for less than maximalist demands would actually have led to serious negotiations or not, we know that Putin asking for maximalist demands a year ago tanked that idea totally.
The future? Yeah, per Yaffa, with Prigozhin blown to bits, nobody else is coming after Putin's crown. But, the atherosclerosis of hardening Russian arteries will surely be accompanied by the same symptoms in him.
