(ROSTOV-ON-DON, ROSTOV OBLAST) The economic landscape of Russia is rapidly deteriorating, resembling the severe financial hardships last seen in the immediate aftermath of the Soviet Union’s collapse in the early 1990s. Spontaneous street markets, where ordinary citizens sell personal possessions on frozen pavements just to afford basic necessities, have re-emerged in major urban centres such as Rostov-on-Don. This phenomenon, driven by rampant inflation and plummeting disposable incomes, marks a stark shift from a slow economic decline to a rapid financial collapse under the leadership of the Russian dictator. Reports from across the country indicate a systemic failure of both micro…
