Everybody likes to dump on Russia here but their nuclear icebreakers are something to behold: https://www.usni.org/magazines/proceedings/2022/may/worlds-m... https://www.youtube.com/watch?v=bKaVhXn49xY
It is actually a surprising that Russia is not the manufacturing capital of the world. They have super-cheap energy, Soviet-era high-quality STEM education, and 50 million cheap workers from Caucasus, Siberia, Far East Russia, and the Central Asian countries.
Also declining population and worsening education.
There is a statistically significant correlation between the level of corruption and economic growth:
https://documents.worldbank.org/en/publication/documents-rep...
Putin has dismantled most of the check and balances in the system. Nobody would invest in that country. Check Bill Browder's story on how they raided the Hermitage fund.
And with this useless war going on they're forced to buy arms from DPRK.