Yes they do, it all depends on what level of losses and economic pain they are willing to endure.
I’m estimating Russians have lost at least 10% of their purchasing power in 2024, but this year will be worse. Construction and investments in production will come to an almost complete halt, so lost productivity cannot be renewed, and prices on energy, food and housing will all increase dramatically.
Most Russians are not very rich, so they will feel it pretty bad.
Yes they do, it all depends on what level of losses and economic pain they are willing to endure.
I’m estimating Russians have lost at least 10% of their purchasing power in 2024, but this year will be worse. Construction and investments in production will come to an almost complete halt, so lost productivity cannot be renewed, and prices on energy, food and housing will all increase dramatically.
Most Russians are not very rich, so they will feel it pretty bad.
Unless they force a revolution most Russians don’t matter at all. The elites that matter have a very different situation.