Ending war against Ukraine can turn disastrous for Russia — economics expert
global.espreso.tv
Wed, 27 Aug 2025 11:16:00 +0300

Senior consultant at the Center for Foreign Policy Studies of the National Institute for Strategic Studies, Ivan Us, PhD in Economics, spoke about this on Espreso TV."Nothing lasts forever. And all of Russia's war expenses also have their limits. That is why they began to reduce payments to the military. These payments were constantly increasing, and the amounts were insane. If earlier, in 2023-2024, economic representatives in Russia said that something needed to be done about these expenses, now the head of Vneshtorgbank, Kostin, is saying outright that Russia needs to cut military spending. Among other things, military spending includes large salaries for those who go to war against Ukraine," Us explained.The economist also added that Russia's resources for continuing its aggressive war against Ukraine are also gradually being depleted."If we simply simulate the situation, the war ends, and what will that mean for those Russians who went to war for crazy money? It will mean that these people will have to return home to salaries 10-15 times lower than what they are receiving now. It is worth remembering that these are people with weapons and experience in using them. This is a classic revolutionary situation. In other words, the danger of putting Russia's economy on a military footing is that they cannot stop. Because if they stop, they will have a revolution in their country. In fact, the end of the war could have catastrophic consequences for Russia. At least for the government in the country. However, resources are not unlimited and they are also running out," he added.Earlier, Illia Neshodovskyi, head of analytics at ANTS, said that against the backdrop of falling oil prices, a growing budget deficit, and problems in the banking sector, Russia is rapidly approaching an economic crisis.
Latest news
