russias economy is in worse shape than ukraines. russian central bank head nabiullina admits it has nearly exhausted its resources. addressing parliament today, nabiullina complained about  1. no people left. a record-low unemployment at 2.4%, worsening labor shortages 1/   351261692428680 73% of enterprises face labor shortages 2/ 2. production at its limits. factory capacity utilization surpasses 80%, a record high 3/ when an economy reaches the limits of its productive capacity while demand continues to be stimulated, nabiullina warned, stagflation arises. 4/ 3. credit bubble and isolation. rising interest rates are driving up credit costs, commodity industries are losing western markets, and defense factories are running at full capacity 5/ 4. slowing gdp growth. gdp growth slowed to 3.1% in q3, down from 4.1% in q2 and 5.4% in q1. 6/ 5. stagflation. the central bank predicts near-stagnation next year, with gdp growth of 0.5%-1% and flat investment and private consumption. 7/ bloomberg says that russias elite describe grim economic conditions: western company exits have weakened industrial capacity, import substitution lags, and mass mobilization has worsened labor shortages. 8/ source in russian x   19/nabiullina-zayavila-obischerpani i-pochti-vseh-resursov-rossiiskoi-e konomiki-a148135
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