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Russia's economy has entered the death zone

economist.com

1–10 of 245 posts

Re: Russia's economy has entered the death zone

#2
https://archive.ph/uygcK

Edit for the good metaphors.

> It has entered what mountaineers call the death zone: the altitude above 8,000 metres at which the human body consumes itself faster than it can be repaired.

> Over the past four years the Russian economy has bifurcated into two distinct metabolic systems... The body is metabolising its own muscle tissue for energy.

> A recession is like fatigue: rest and you recover. Russia’s condition is like altitude sickness: the longer you stay, the worse it gets, regardless of rest.

> But Vladimir Putin is not only watching his own oxygen gauge. He is watching the other climbers.

Always a fan of the writing style the Economist promotes.

Re: Russia's economy has entered the death zone

#7
Déjà vu …

Since Crimea Invasion

Russia’s Economy Is On the Brink of Collapse" – CNN Business, December 2014.

"The End of the Putin Era? Russia’s Economy Is Tanking" – Newsweek, December 2014.

"Russia Heading for Economic 'Colossal Collapse'" – BBC News (quoting Alexei Kudrin), December 2014.

"How the Oil Price Collapse Could Topple Putin" – The Guardian, 2015.

"Russia’s Economy Is a Mess" – The Atlantic, February 2015.

"Russia’s Coming Economic Collapse" – Forbes, June 2015.

Since Ukraine War

Post-Ukraine Invasion (2022–Present)

"The Russian Economy Is Heading for a Meltdown" – The Economist, March 2022.

"Biden: The Ruble Is Reduced to Rubble" – Associated Press (reporting on White House statements), March 2022.

"Russia Faces its Worst Economic Collapse Since the Fall of the Soviet Union" – Bloomberg, April 2022.

"The Implosion of the Russian Economy" – Foreign Affairs, July 2022.

"Russia’s Economy Is Dying a Slow Death" – Business Insider, 2023.

"Is Russia’s Economy On the Brink of Collapse? Why Trump Might Be Right" – The Guardian, September 2025.

"Stormy Weather Pummels Russia's Economy: Cracks Are Appearing" – CEPA, February 2026.

"The Russian Economy Is Finally Stagnating" – The Guardian, February 2026.

Re: Russia's economy has entered the death zone

#9
post #3

As a Ukrainian at war since day 1 – I don't buy it. They will sell their gas at discount to China until the very end. Military force is the only way to get them to the death zone.

That is probably true, but if they are selling at a loss, it can only go on for so long.

Re: Russia's economy has entered the death zone

#10
post #3

As a Ukrainian at war since day 1 – I don't buy it. They will sell their gas at discount to China until the very end. Military force is the only way to get them to the death zone.

As someone with no firsthand knowledge at all, I am inclined to believe your position is correct. But I also think the Economist is making an important point: Russia's continued prosecution of this war will shred their internal economy with consequences lasting for decades or centuries. What people often underestimate is just how much damage an economy can suffer before breaking down entirely.

But Putin doesn't care about that, so the war will continue until something changes militarily.

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