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Nine Signs Russian Economy In Deep Trouble – OpEd – Eurasia Review

Mount Equity Group Tokyo Japan > News > Markets > Nine Signs Russian Economy In Deep Trouble – OpEd – Eurasia Review

The Russian government and its supporters always seek to put the best face on things, including the economic situation of the country over the last year. They cite various macro-economic figures to show that things aren’t as bad as many say. But for ordinary Russians, life is getting worse – and Vyacheslav Dvornikov of The Bell offers nine signs of this.

Some of these are obvious but others are more indirect. However taken together they paint a picture of a Russian economy in severe difficulties since the start of Putin’s war in Ukraine, difficulties that are having profound consequences for Russians and the way they actually live (thebell.io/9-priznakov-togo-chto-v-rossiyskoy-ekonomike-vse-plokho).

The nine are as follows:

1.  Existing restaurants are closing and new ones aren’t opening, and Russians are shifting their purchases from more expensive cafes to fast food restaurants although even that sector is hurting as…

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