But what I do know is Russia is heading to the territories of North Korean level of economy, would the Russian mind? Ask them.....
I dont think it will get that bad for them. It will be worse but not that bad. They will be just fine.
This comes back the the great debate about the wealth of nations. and what causes poverty. They are a European nation, a twice great empire with all the resources they could ever need.
They cant be an Africa or Asia because they have the resources and human capital. They have a well educated capable population, they will not be living in mud begging for food handouts.
The will mainly have trouble purchasing outside goods and wil have reduced spending power. They could even be a type of apartheid south Africa. Living quite well in their won courtly but isolated from the western world.