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Itâs clear that Russia is now suffering from ill winds. The country largely avoided the punishment that most of Europe has endured since the 2008 crash and austerity is an unknown concept to the youth. If the rouble doesnât recover soon and if sanctions are made permanent there will be even more serious costs for the Russian people.
Russiaâs population would then have dropped by about 20 million between 1990 and 2025, and Russia would have fallen from the worldâs sixth to the twelfth most populous country. In relative terms, that would amount to almost as dramatic a demographic drop as the one Russia suffered during World War II.