The crude prognosis for Vladimir Putin made by a former Russian and Ukrainian economic adviser

Swedish economist Anders Aslund, who worked as an economic adviser to the governments of Russia and Ukrainewrote an opinion piece in the influential American international relations magazine foreign affairs and there he argued that it is likely that the president Vladimir Putin headed for a “devastating Russian defeat.”

Also, he predicted that the president could see “one of the most spectacular failures in contemporary history”, while his troops are still attempting a victory over kyiv, the media quoted ABC.

LOOK: Putin signs the law that eliminates the age limit to serve in the Army

This economic policy expert from the Eastern European region indicated that the end of the war will not only be a military failure for Putinbut also a economic defeat that is unlike anything the country has seen in its history and that will reverberate throughout the world, according to ABC.

“Today Russia faces not only a humiliating defeat, but also a horrendous economic collapse, for which Putin bears full responsibility. In a single day, Putin wiped out most of the economic gains Russia had made since 1991,” Aslund said.

He even slipped that “if public outrage does not overthrow Putin’s government first”, this economic collapse could empower the Russian president be overthrown by those who were once in your inner circlepart of the elite of the Kremlin.

“In August 1998, after six days of a much less severe financial crisis, the Russian president Boris Yeltsin dismissed his government,” Aslund recalled, adding: “Putin, on the contrary, did not allow no one in your government resignforcing everyone to be with him to the bitter end. Needless to say fear seems to prevail among the elite of the Russian government.”

In this sense, the economist acknowledged that social unrest was not generalized in recent years, but emphasized that the degree of decline that is expected in production and in the standard of living has not been recorded since the early 1990s. “A natural popular reaction would be widespread social unrest, which would aggravate tensions between the security services,” Aslund considered.

So he warned that The West “must start planning the collapse and reinforcement of the Putin regime” and pointed out: “This would not be the first time that Moscow launches a ambitious military adventure looking for additional territory, only to find outclassed and humiliated”.

With a war that already leads more than three months, ABC notes that the resistance of the Ukrainian people – supported by Western countries – was unexpected for the Russian president. Furthermore, that this defense of kyiv prolonged the conflict beyond what Russia was prepared to face when the invasion began, the February 24th past.

Source: Elcomercio

Deshawn