“The house of cards will collapse.” What’s happening :: World :: www.technologijos.lt

Russians may be turning against their leader, Vladimir Putin, as the country’s economic power declines and Western sanctions against Russia continue to tighten. Business Insider writes about it. The publication talks with interlocutors from economic strata.

According to their forecasts, this year Russia’s economic power will probably decrease. Simultaneously Western sanctions will make life difficult for ordinary Russians. Restrictions are likely to be tightened if Joe Biden is re-elected US president in November.

“Russia has now weathered the impact of Western sanctions, but the nation may reach a turning point after the US presidential election in November. <...> The West will likely continue to support Ukraine, so if President Joe Biden is elected, the sanctions against Russia will increase.” – the article says.

According to media interlocutors, people in the Russian Federation now live a normal life, “but this is an absolutely unviable strategy, and the main growth forces underlying the RF economy are weakening before our eyes, and if D. Trump is not elected, then all this will come to the surface – the house of cards will collapse”.

“The West could deal a potentially devastating blow to the Russian economy if it does not limit itself to oil trade and imposes sanctions on Russian steel, copper and other metal products, which account for about 20% of the country’s total income. Meanwhile, the standard of living in Russia is already falling. Civilian infrastructure is collapsing in part because the RF spends too much on its war. Inflation is also high in Russia. There will be mass unrest when the Russian people realize that V. Putin’s promises are not coming true,” the material reads.