There is hope. Well, sort of. Services exists because of the unprecedentedly large middle class that's been created artificially by using currency emission to s

There is hope. Well, sort of. Services exists because of the unprecedentedly large middle class that's been created artificially by using currency emission to stimulate consumer demand and thus grow the economy ('raegonomics'). But it's been quite a while since emission stopped working and started to give the opposite effect. This[1] Russian guy explains the roots of the situation really well (just ignore the title, it has nothing to do with Russia and sanctions). BTW, this is the first time I see him speaking for English-speaking audience since I know him (12+ years). [1] https://thealtworld.com/scott_ritter/impact-of-sanctions-on-russian-economy-can-oil-price-cap-backfire-on-g7-scott-ritter-show https://thealtworld.com/scott_ritter/impact-of-sanctions-on-... [1]