Is a Social Crisis Really Inevitable Like a Former Top Russian Economist Recently Warned?
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Is a social crisis really inevitable Like a former top Russian economist recently warned?
Andrew KorybkoAug 20, 2026 It’s dishonest to deny that Russia faces some socio-economic challenges, but there’s no credible reason to expect a social crisis in the coming future along the lines of the ones from 1917 and 1991.Andrey Klepach, the chief economist at Vnesheconombank (Russia’s state development bank), left his post over the weekend after the media firestorm over his critical remarks about the economy in late May during an event hoste…
The Russians have not fared well on the front lines in Ukraine this summer, making little progress, but some, and in a few places. Their advance has been largely confined to the front line north of Pokrovsk and in the Donetsk region. However, it can be argued that the focus of the war is no longer on the front line and that the situation there is less important than the long-range Russian and Ukrainian attacks.
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