🇷🇺 Russia’s Economy – What’s Actually Happening?
Major Challenges
Sanctions from the US & EU
Many Western companies exited Russia
Restricted access to global finance & technology
Heavy dependence on oil & gas exports
Rising inflation pressure at times
Labor shortages due to military mobilization & migration....
Despite sanctions:
Russia redirected oil exports to countries like China and India
Government spending (especially military) boosted short-term GDP
Ruble has experienced volatility, but the system hasn’t fully collapsed
Russia reported positive GDP growth in 2023–2024 (driven largely by war-related production)
Economically, “death zone” is not an official term. It usually implies:
Severe recession
Hyperinflation
Currency collapse
Banking system failure
Russia is facing structural pressure, but it is not in total economic collapse like:
Venezuela (hyperinflation crisis)
Zimbabwe (currency collapse period)
⚠️ Real Risk Areas for Russia
Long-term technology isolation
Brain drain
Overheating due to military spending
Budget deficits if oil prices fall
Increasing reliance on China