Russia’s Fracture Point: The Economic Warnings Putin Can’t Ignore
By Evelyn Hartwell · 6 min read
BUSINESS
The atmosphere inside the Russian State Duma is usually one of orchestrated nodding.
BUSINESS
It’s a startling admission from within the tent.
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I’ve seen this kind of fiscal desperation before in volatile markets, but the scale here is unprecedented for a G20 nation.
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To understand why a Duma MP would risk their neck with such a dire forecast, you have to look at the math.
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Since February 2022, Russia has transitioned into what economists call a “command-lite” economy.
BUSINESS
We’ve previously analyzed how geopolitical shifts create these kinds of existential pressures in our report on [Russia’s High-Stakes Gamble: The Looming Threat of 'Total Chaos'](/news/russia-s-high…