Russia is on the Verge of Collapse

Once considered a robust global power, Russia now faces a series of internal and external challenges that have raised questions about its long-term viability.

Economic Struggles

Russia’s economy, heavily reliant on energy exports, has been battered by fluctuating oil prices and international sanctions. The invasion of Ukraine in 2022 triggered unprecedented economic measures from Western countries, cutting off access to global financial markets and restricting technology transfers. These sanctions have stifled economic growth, leading to inflation, a devalued ruble, and declining foreign investment. The government’s attempts to pivot to alternative markets, such as Asia and the Middle East, have yielded limited success, as these regions cannot fully compensate for the loss of Western trade.

Additionally, the nation’s lack of economic diversification has left it vulnerable. Despite efforts to promote domestic industries, sectors like manufacturing and technology have failed to gain significant momentum. This overreliance on natural resources, combined with aging infrastructure, has hampered Russia’s ability to compete in a rapidly changing global economy. The country’s underdeveloped small- and medium-sized enterprise (SME) sector further limits economic resilience, making it difficult to generate sustainable growth.