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Putin's War Economy Leads To Income Decline In Russia

Ukrainian serviceman fire a D-30 howitzer towards Russian troops at a position in a front line in Kherson region

Recent analysis shows that under President Putin's leadership, Russia's economy has seen significant growth, particularly in the defense sector. This growth has been fueled by increased military spending, leading to what some experts are calling a 'war economy'.

However, despite this growth in the defense sector, many Russians are experiencing a decline in their incomes. This has resulted in what is being referred to as a 'lost decade' for many Russian citizens.

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