The fall of the Russian economy will not stop Putin – ex-deputy of the State Duma of the Russian Federation

The ex-deputy believes that many will try to avoid mobilization.

The Russian economy is rapidly falling / video screenshot
The Russian economy is rapidly falling / video screenshot

By winter , the Russian economy will feel difficulties, including in connection with the outflow of able-bodied and solvent population abroad. 

This was stated in an interview with UNIAN by ex-Deputy of the State Duma of the Russian Federation Dmitry Gudkov.

“I’m citing the figures that economists Movchan and Inozemtsev say. They talk about 10% of GDP on average. Why is this happening? million people, and tens of millions help to escape,” the ex-deputy noted.

He also stressed that many will try to avoid mobilization.

“Tens of millions are beginning to hide, live outside their residence permits, work remotely. This immediately hits a significant part of the labor force. When you have to think about saving yourself, you pay less attention to your professional activities. This will affect the efficiency of any production, business, enterprise So this is not a story about 300 thousand, but about tens of millions,” Gudkov said. 

At the same time, according to Gudkov, the fall of the Russian economy will not affect the intensity of the war with Ukraine.

“It is unlikely to have an effect, because the mobilized will still fight, and the weapons resources accumulated over decades will be spent on this. The money that Russia will receive for the sale of hydrocarbons will still come in some amount. The intensity of the war will fall, but not for this reason, but because weapons are running out, there is no one to fight, etc. These 300,000 will run out, and in order to mobilize another 300,000, it is necessary that 1.5-2 million security officials run after them,” Gudkov noted .

Embargo on Russian oil:

The unofficial format of OPEC + was formed in November 2016, due to the dissatisfaction of many oil-producing countries with prices in the world oil market. The organization includes Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, Russia, Sudan, South Sudan.

On May 31, European Council President Charles Michel announced that EU leaders had reached an agreement to  ban the export of Russian oil .

According to the President of the European Commission Ursula von der Leyen,  the oil embargo will reduce about 90% of oil imports  from Russia to the EU countries by the end of this year. Bloomberg later reported that  Russia continues to make big profits  from oil sales.

The European Union plans to ban sea imports of crude and refined oil from Russia by 2023. The US and its allies want to cap Russian oil prices at between $40 and $60 a barrel.

On August 3, OPEC + found a way to  stabilize fuel prices , and on September 5 they decided to  cut oil supplies . As of September 14, Russia  ‘s oil export revenues  fell to a minimum, and on October 5, information appeared that Russia  would reduce oil production .

US Treasury Secretary Janet Yellen said the  US could cap the price of Russian oil  to $60 a barrel.

(C)UNIAN 2022

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