"Russia's Economy: On the Brink of Overheating"

Russia's economy is facing several challenges, including a labor shortage caused by the war in Ukraine, mobilization, and emigration, which is driving up wages and inflation. The rapid growth in military expenditure is overheating the economy and leading to a weaker ruble. The Central Bank's recent interest rate hike has increased the risk of a recession. The real estate market is also a concern, with rising prices and a potential surplus of unsold apartments. Additionally, the nationalization of foreign businesses by the Russian authorities threatens future economic growth.