Russia's Economy Is Eating Itself ALIVE! Russia is Closed for Business!

Описание: Silicon Bites Ep292 | 2026-02-23 | Russia is closed for business — the war economy that is devouring its own future. Russian opposition economist Vladimir Milov says Russia’s economy now runs on one fuel: state war spending. Businesses can’t invest, workers are disappearing, interest rates crush enterprise — and the Kremlin doesn’t seem to care. The result? A country technically functioning, but economically shutting down, abandoning the core tenets of a market economy, and shedding all vestiges of economic rationality. Russia hasn’t been sanctioned into isolation and oblivion. It’s reorganising itself into a permanent wartime command economy – destroying all the economic progress of the 1990s.
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SOURCES:
AP News — wartime tax pressure on small business (2026)
Reuters Breakingviews — fiscal strain and depletion of reserves (Feb 2026)
The Moscow Times — stagnation, falling profits, investment slowdown
The Moscow Times — taxes rising and growth ~1%
PISM / economic analysis — 21% interest rates, labour shortage
Wilson Center — war economy discourages investment
RUSI — inflation driven by war spending
Guardian economic analysis — labour shortages and tax increases
Kyiv Independent interview with Vladimir Milov — reserves depletion and investment collapse
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