The invasion of Ukraine began on February 24th, 2022, with an estimated 150,000 troops. By invading Ukraine, President Vladimir Putin set off a chain reaction from the United States and its allies in Europe and Asia, who imposed swift and harsh economic sanctions. Sanctions that are designed to cripple Russia’s economy through the target of their oil, gas and coal industries. If Putin continues to cling to his war in Ukraine, the Russian economy will pay the price. In fact, experts predict the economy will “fall into oblivion” with an impending recession and massive GDP declines. Six months of Western sanctions and frozen assets have drained the Russian economy, with more sanctions coming in December. Needless to say, it’s not looking good for Putin - Russia’s economy may completely implode.

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