The next generations of Russians will have to pay a huge price for the visible stability of the Putin economy during the war Military personnel of the ensemble of the Federal Security Service of Russia perform at the opening of the Military Mushroom Festival "Spasskaya Tower" on Red Square in Moscow, August 23, 2024.

The apparent resilience of Putin’s war economy comes at an enormous cost to the country’s future The Spasskaya Tower annual military music festival in Moscow. Photo: EPA-EFE/YURI KOCHETKOV Two and a half years after Vladimir Putin ordered a full-scale invasion of Ukraine, the Russian economy seems like a riddle wrapped in an enigma of competing narratives.

Mikhail Mishustin’s future briefly looked uncertain last week until Putin recalled just how useless he was Dmitry Astakhov / Sputnik / EPA-EFE If there was ever any truth to the rumours that a new prime minister was about to be appointed last week, all intrigue was rapidly put to an end when Putin once again nominated Mikhail Mishustin for the position. An assessment of Mishustin’s first term in the job by experts at The Bell gave him a surprisingly positive appraisal overall.

Economist Konstantin Sonin - about why Mikhail Mishustin should not be considered an “effective manager” Photo: Dmitry Astakhov / Sputnik / EPA-EFE If there was some kind of intrigue in the appointment of a new prime minister, it quickly ended. Putin again offered Mikhail Mishustin to this position. The experts of The Bell prepared an assessment of the first years of Mishustin, which sounds surprisingly positive.

Konstantin Sonin - about the book of Nikita Petrov "Time of Andropov" In the minds of many Russians who found the late Soviet time, the figure of Yuri Andropov is surrounded by an ominous aura: the powerful chairman of the KGB, transferred to the chair of the Secretary General of the Central Committee of the CPSU, began to restore order with an iron hand. It still seems to many that only his imminent death saved the late USSR from turning into second North Korea.

Why looking at Russia’s military economy through the prism of GDP growth is pointless People walk past billboards promoting enlistment in St. Petersburg, 28 November 2023. EPA-EFE/ANATOLY MALTSEV Konstantin Sonin Professor at The University of Chicago Harris School of Public Policy Commentators have recently begun raising the possibility of Russia winning the war in Ukraine again.

Why is the military economy of the Russian Federation it is pointless to evaluate by the growth of GDP Vladimir Putin during a visit to the North-Western Regional Center of the Almaz-Antey, Obukhov Plant, North-Western Regional Center. Photo: Ilya Talev / MIA "Russia Today" / Kremlin Some experts started talking again about the possible “victory of Russia” in the war with Ukraine. I am not a military expert, and I will not talk about the prospects for victory on the battlefield.

Konstantin Sonin explains why Prigozhin’s mutiny ended with a whimper — but could still lead to Putin going out with a bang Photo: Artem Pryakhin / SOPA Images / LightRocket / Getty Images An outsider’s initial reaction to the events of 23-24 June would have been something along the lines of: what was that all about? Was it a military coup attempt? Was it a mutiny? Was it all staged?

Vladimir Putin could not "mobilize the country" even during an armed rebellion. And the elites showed that they are ready for a violent change of power Photo: Artem priakhin / sopa images / Lightroket / Getty Images The first reaction of an extraneous viewer to events on June 23–24 - what was it at all? Attempting a military coup, rebellion, production?

In the Russian economy, the amount of money has grown sharply. Everything, the authorities "turned on the printing machine", is it time to wait for the leap of inflation? Photo: EPA-EFE / SERGEI ILNITSKY In February, the Central Bank of Russia reported that the amount of money in the economy increased by 25%per year.

PMCs and armed gangs are already starting to supplant the Russian state. This is a direct path to civil war Photo: EPA Not only is the war against Ukraine killing thousands of people, devouring immense material resources, dismantling Russia’s connections to the rest of the world, and destroying the ethical values of Russians. The way Putin and his government are waging this war is laying — and has already laid — the ground for a future civil war.

PMCs and other armed gangs have already begun to replace the state in Russia. This is a direct path to the civil war Photo: Era The war with Ukraine does not just carry the lives of thousands of people, burns huge material resources, destroys the connections between Russia and the world and destroys the moral values ​​of Russians. The way Putin and his government are waging this war is laid - and has already laid - the foundation for the future civil war.

Konstantin Sonin - about the tragic heroism of Mikhail Gorbachev as the head of the USSR Mikhail Gorbachev.

Will the Democratic Party be able to maintain power in 2024 Photo: EPA-EFE American voters are grateful to the Biden government for record -based unemployment, but angry with record high inflation. Conservative decisions of the Supreme Court - for example, the cancellation of the ban on the ban on abortion - outrage the progressive public, but it already votes for the Democrats.

The main wave of emigration because of the war is still ahead. Konstantin Sonin explains how the country destroys his human capital Photo: John Rodenn Castillo / Unsplash The emigration from Russia in 2022, caused by the war, has already caused serious damage to the Russian economy - both in the short and long term. However, there is no need to be deceived: the main emigration and the main damage is yet to come.