{"id":32716,"date":"2026-08-17T13:13:50","date_gmt":"2026-08-17T13:13:50","guid":{"rendered":"https:\/\/www.newsreporters.org\/?p=32716"},"modified":"2026-08-17T13:13:51","modified_gmt":"2026-08-17T13:13:51","slug":"we-will-lose-chief-economist-at-russias-top-state-bank-fired-after-admitting-war-failure","status":"publish","type":"post","link":"https:\/\/www.newsreporters.org\/?p=32716","title":{"rendered":"&#8220;We Will Lose&#8221;: Chief Economist at Russia\u2019s Top State Bank Fired After Admitting War Failure"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The illusion of Russian economic resilience is shattering from the inside. Andrey Klepach, Chief Economist at state development bank VEB, bluntly admitted during a recent address that Russia cannot win an &#8220;economic war of attrition&#8221; against Western allies\u2014and was promptly fired for speaking the truth.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Key admissions from the Kremlin&#8217;s top economist:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">War of Attrition Lost: Klepach rejected claims of Western collapse, noting that rising domestic costs, sanction pressures, and precision Ukrainian strikes on refineries, ports, and chemical plants are devastating Russia&#8217;s economy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Technological Defeat: Russia is falling behind not only the US and China, but even Ukraine, whose economy continues to adapt and survive thanks to sustained international financial backing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Growth Stagnation &amp; Social Collapse: With potential GDP growth capped at a pathetic 1-1.5%, compounding infrastructure losses will inevitably lead to a severe domestic social crisis.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When the Kremlin&#8217;s own chief bankers get fired for stating basic economic facts, the regime&#8217;s systemic collapse is closer than they admit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The illusion of Russian economic resilience is shattering from the inside. Andrey Klepach, Chief Economist at state development bank VEB, bluntly admitted during a recent address that Russia cannot win an &#8220;economic war of attrition&#8221; against Western allies\u2014and was promptly fired for speaking the truth. Key admissions from the Kremlin&#8217;s top economist: War of Attrition [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":32722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[54,55,1,53],"tags":[],"class_list":["post-32716","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-politics","category-uncategorized","category-world"],"_links":{"self":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts\/32716","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32716"}],"version-history":[{"count":1,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts\/32716\/revisions"}],"predecessor-version":[{"id":32723,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/posts\/32716\/revisions\/32723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=\/wp\/v2\/media\/32722"}],"wp:attachment":[{"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsreporters.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}