I’m observing a stunning picture of the suicide of the Russian economy.” Igor Lipsits, an expert on the Russian economy.

4 comments

1. Its a good interview and rather pessimistic for the future of Russia. I’ve heard it said by other talking heads that if Russia stopped the war now the economy would collapse, so Russia finds itself in a Catch-22. End the war and collapse or keep it going and collapse later. Of course, if they were to win in Ukraine, they would get a boost and could recover, but a win in Ukraine doesn’t mean they get to end the war or would want to.

2. How reliable are the economic indicators given by the Kremlin ?
   How much cost the repair of a fractioning column ? lol.

3. It is more likely that we will see the economy collapse first before the Russian front collapses.

4. They had everything and pissed it all away. Land rich, resources rich, population rich, culture rich and a geopolitical power. Instead of working with their neighbor countries as equals and striving for progress, all they did was plunder. Now they’ll slide into irrelevance and I can’t say that I’m sad about it.