Russian Economy Has for Decades Relied on Non-existent ’Super Profits.’ So What Happens Now?
Discover the economic challenges plaguing Russia as it confronts the aftermath of its actions in Ukraine. With skyrocketing daily expenditures and a budget deficit surpassing projections, the Russian economy is in a precarious state. Falling oil and gas revenues, compounded by Western sanctions, have left the Kremlin resorting to desperate measures. We uncover the hidden truths, including manipulated poverty rates and unemployment figures, as well as the risks posed by an unstable real estate market and unsustainable mortgages. Join us for a closer look at Russia’s economic woes and their implications for the future.
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