Part 2/9:
As we analyze the dynamics of the current Russian economy, it’s essential to reflect on pivotal historical events, particularly focusing on the Soviet Union's collapse. Two catalysts that prominently contributed to this downfall were the costly war in Afghanistan and the simultaneous plummet in energy prices. These events not only strained the Soviet state financially but also bred societal discontent. Today, as Russia wages war against Ukraine, the specter of falling energy prices resurrects anxieties reminiscent of those bygone days.