All true, but I remember several articles in the Economist in the first year warning that no collapse was imminent, and basically that the Russian central bank had plenty of options to recalibrate the economy in the medium term. They made comparisons with other countries that have been subject to similar, or even much more severe sanctions.
Overall I think they’ve been the best source of analysis on this I’ve found. They were explaining what CDOs and such were, and why they were a systemic risk years before the collapse in 2008.
I agree the Economist may still be the best major finance / news publication. I trust it over nearly all the others though it’s gone downhill since McElthwaite left for Bloomberg
They are killing off their last and best generation of men, so yes the economy will suffer. I'm not questioning that part -- it's the repeated "russia will collapse any minute" propaganda, going on for 12+ years, that is very easy to see through.
I'm actually in awe. I wish I had lists like these for other "hot-button" issues where the common narrative is that things are constantly on the brink of some kind of catastrophe or resolution. Really puts things into perspective.
i recommend writing prompts for Gemini / ChatGPT along the lines of "as a history professor put X in perspective. Compare the evidence for / against. Be sure to include grounding on each fact ..."
So glad we don't have propaganda, only independent journalists who just coincidentally parrot the same think-tank talking points. See the wealth of articles that are even more obviously wrong predicting China's collapse.
Yes, it seems like that’s the propaganda. The free speech democratic West, instead of reporting about the objective truth, tells us half truths for their own benefit.
Western news resources aren’t controlled by government, unlike Russia. So they have incentive to post what generates clicks, not necessarily what reflects reality.
if they published anything for clicks they would have immediately published the Hunter Biden laptop story. The most salacious click-baity story in 20+ years and it was shelved. There's more to influence than "money"
90% of the media in the US is owned by 6 companies [1]. We, the people of the western civilization, are not those 6 companies. Most of us don't trust the media [2]. With that freedom of speech, these "news" agencies can be as biased as they want, lie in all sorts of ways (omission, etc), they mostly just can't slander/defame. Almost all are strongly aligned to the republican party or democratic, and all of them are aligned to common goals like oil and Israel. It's best to watch the news knowing that there's an attempt at manipulation. Luckily, with the anti-alignment of the news agencies, the "other side" will often loudly point out flaws.
The only hope for reasonable context/nuance over here is through independent journalists.
Don't just the world through the lens of a few billionaires.
Since Crimea Invasion
Russia’s Economy Is On the Brink of Collapse" – CNN Business, December 2014.
"The End of the Putin Era? Russia’s Economy Is Tanking" – Newsweek, December 2014.
"Russia Heading for Economic 'Colossal Collapse'" – BBC News (quoting Alexei Kudrin), December 2014.
"How the Oil Price Collapse Could Topple Putin" – The Guardian, 2015.
"Russia’s Economy Is a Mess" – The Atlantic, February 2015.
"Russia’s Coming Economic Collapse" – Forbes, June 2015.
Since Ukraine War
Post-Ukraine Invasion (2022–Present)
"The Russian Economy Is Heading for a Meltdown" – The Economist, March 2022.
"Biden: The Ruble Is Reduced to Rubble" – Associated Press (reporting on White House statements), March 2022.
"Russia Faces its Worst Economic Collapse Since the Fall of the Soviet Union" – Bloomberg, April 2022.
"The Implosion of the Russian Economy" – Foreign Affairs, July 2022.
"Russia’s Economy Is Dying a Slow Death" – Business Insider, 2023.
"Is Russia’s Economy On the Brink of Collapse? Why Trump Might Be Right" – The Guardian, September 2025.
"Stormy Weather Pummels Russia's Economy: Cracks Are Appearing" – CEPA, February 2026.
"The Russian Economy Is Finally Stagnating" – The Guardian, February 2026.