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submitted 2 years ago by Wilshire@beehaw.org to c/worldnews@lemmy.ml
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[-] TheOubliette@lemmy.ml 3 points 2 years ago

No it's going pretty badly. The energy price spike took out a ton of industry that is very unlikely to come back. If the current state of things is maintained it will just be a large loss. If similar shocks hit a few more times they'd be looking at deindustrialization.

[-] agarorn@feddit.de 1 points 2 years ago

Which tons of industry have been took out? The energy spike is over. I think all energy costs are now higher than the day before the invasion.

this post was submitted on 09 Jun 2023
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