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Throughout its history, Russia has encountered multiple economic downturns, stumbling into crises not unlike the one it faces now. These repeating historical patterns create a sense of foreboding for the Kremlin. Notably, the Soviet economy, once seemingly robust, collapsed rapidly due to a combination of plummeting oil revenues and an ill-fated invasion of Afghanistan. Today's Russia exhibits alarming similarities that beg the question of whether another economic crash is imminent.
Despite the war's ongoing nature, some still downplay the gravity of Russia's economic troubles. Official propaganda, mixed with certain narratives from Western media, masks the underlying issues, allowing many citizens to remain blissfully unaware or disillusioned about their economic reality.