RUSSIA is Collapsing
Video Summary
Russia’s population is declining rapidly due to a low birth rate and high death rate. The official statistics agency, Rosstat, has reported that the birth rate in the first half of 2024 was the lowest in 25 years, with only 599,000 children born. The death rate is also high, with 325,000 deaths recorded between January and June, a 49,000 increase from the same period last year. This has led to a natural decline in population, with the population decreasing by 533,000 people since January 2024.
The situation is being exacerbated by a shortage of workforce, with many Russians leaving the country to work in other industries, particularly in the energy sector. This is causing a wage spiral, with companies offering higher salaries to attract more people to work in the industry. The Russian government is also facing a growing burden of pension payments, as more people retire and the state must fund their pensions.
The situation is particularly challenging for Russia, as it has an aging population, with more females than males, and a low retirement age of 58. This means that the state will have to fund more pensions in the future, which will be a major strain on the economy. The government is also struggling to attract immigrants, with many people hesitant to move to Russia due to the risk of being conscripted into the military.
The situation is expected to become more challenging in the coming years, with the Russian economy struggling to grow due to the lack of a skilled workforce. The government is warning that the country is facing a catastrophic future if something is not done to address the demographic crisis.