Economist Ustenko: why the Russian economy will not collapse and why this is dangerous.

Economist Ustenko: why the Russian economy will not collapse and why this is dangerous
Economist Ustenko: why the Russian economy will not collapse and why this is dangerous

Economist Oleg Ustenko on the resilience of the Russian economy

According to inkorr.com: Oleg Ustenko, a well-known economist, believes that a rapid collapse of the Russian economy should not be expected. He notes that in the short- and medium-term perspectives, Russia demonstrates certain resilience despite sanctions and high military expenditures.

In an interview on Yuri Romanenko's channel, the expert emphasized the importance of an objective assessment of the situation and warned against the risks of excessive optimism.

The danger of primitive optimism

'I believe that it is a colossal danger to think about this, especially for us as Ukraine, which must soberly assess the situation. We should not project our own wishes or our common desire for the complete collapse of the Russian economy as a real scenario,' Ustenko emphasized.

The economist warned that hopes for a swift disintegration of the Russian economy could be dangerous, especially in the context of increasing sanctions.

Three parts of the Russian budget

Ustenko explained the structure of the Russian budget, noting that a significant portion of financing goes to the military-industrial complex. According to him, this year approximately $150 billion has been spent on this sector, and even larger expenditures are planned for the next year.

'There is still a lot of hidden funding. This hidden funding may mean that even this year, Russians are spending around $200 billion on their military-industrial machine,' the expert stated.

Unlike Ukraine, Russia allocates significantly more funds for military needs, and Ustenko emphasized this detail during his analysis of the situation.

The second and third parts: repressive apparatus and social programs

The Russian budget also includes expenses for the repressive apparatus and social programs. The economist expressed concern about the potential threats from Russia, related to the escalation of its military actions not only in Ukraine but also in other regions.

Critical forecast

'Can we be sure that the economy will collapse now? No,' Ustenko categorically stated, calling for cold realism in assessing the opponent's prospects.

Oleg Ustenko noted that it is important to develop a strategy considering the real capabilities of the Russian economy, rather than relying on illusory hopes for its rapid collapse.

Ustenko's conclusions emphasize the importance of a realistic approach in assessments regarding the Russian economy and its development opportunities. Against the backdrop of ongoing military expenditures and changes in international politics, Ukraine should remain vigilant and prepared for various scenarios, as the situation can change quite rapidly.


Read also

Advertising