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Everything is completely and totally under control, comrades, no need for panic!

These sort of statements by the Russian government truly invoke Chernobyl-like images in my mind ; deception piled upon lies piled upon misinformation with a cherry of whataboutism on top.

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It looks from outside that they are doing relatively OK. Ruble still didn't crater, the high prices of fossil fuels partially compensated lower exports. They try to increase the trade with China and India to offset sanctions.

Of course, like it was said many times before, war economy works - until it doesn't. It will be very hard to time such collapse: it might be next week, next month or even not before the war itself ends.

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