Four years after Russia's full-scale invasion of Ukraine, the Russian economy is showing clear signs of structural exhaustion. The contours of a genuine economic endgame are coming into view for Russia. This is the finding of a new Kiel Report published by the Kiel Institute for the World Economy and the Stockholm Institute of Transition Economics.
It happens slowly, then all at once
Let’s hope it also stops the war, but I think it will just make things more awful for poor people in Siberia who are already living under shitty circumstances