00:00Russia's economy is on the brink of collapse.
00:03Industrial output is plummeting,
00:05and massive layoffs are sweeping across major companies.
00:08After three years of war with Ukraine,
00:10the cracks are turning into deep fractures.
00:13The latest PMI data reveals a sharp contraction
00:16in both manufacturing and services.
00:18Interest rates have soared to 21%,
00:21squeezing businesses dry.
00:23Even once-thriving industries like IT and defense
00:26are now shedding jobs at an alarming rate.
00:29Recruitment firms report that companies
00:31are quietly planning to cut up to 50% of their staff.
00:35Tech giants, energy firms, and even military suppliers
00:38are feeling the strain.
00:40Medium-sized businesses are buckling under crippling debt,
00:43forced to slash wages or shut down entirely.
00:46With over 200,000 soldiers dead or wounded,
00:50the war is draining not just lives,
00:52but also the workforce.
00:54As the economy spirals,
00:55families struggle with rising costs and stagnating wages.
00:59Even basic necessities are becoming unaffordable.
01:02Experts warn that this is just the beginning.
01:05With no financial cushion left,
01:07Russia's economy could be heading toward a full-scale crisis.
01:10Will Putin's government find a way out,
01:12or is this the start of a total collapse?
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