No, Russia’s Economy Is Not About to Collapse
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Russia is now on the back foot in its war with Ukraine, having recently crossed the threshold of 1 million total casualties while its spring offensive collapses without having made any major gains. This is happening as Ukraine is ramping up its own attacks on Russian territory. But it’s not just that Russia is losing momentum militarily; it’s also facing economic headwinds. Is Russia’s wartime sugar rush over? How is the condition of Russia’s labor market? Can Russia’s war economy afford to
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