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In this 30-minute in-depth political and economic analysis, Professor Richard D. Wolff breaks down one of the most shocking developments inside Russia: the sudden shutdown of the internet in St. Petersburg and the immediate implosion of Russian companies who rely on digital systems to survive.
With Russia already under enormous strain from sanctions, falling foreign investment, and internal instability, this state-driven blackout exposes deeper cracks inside the Russian economic model. Professor Wolff explains how digital dependency, centralized political decision-making, and institutional fragility combined to create an economic shockwave that hit businesses, workers, and supply chains instantly.
This speech explores the political motives behind the shutdown, the impact on Russia’s domestic markets, the fear spreading among business leaders, and what this event reveals about the future of Russia’s economy.
Delivered with clarity, depth, and the critical insight Prof. Wolff is known for, this video offers a grounded, factual, and compelling look at the hidden economic tensions shaping Russia today.
⏱️ Timestamps
0:00 – 🔥 Introduction: What Really Happened in St. Petersburg
2:15 – 🏛️ Why the Kremlin Took This Drastic Step
5:42 – 💻 How the Internet Shutdown Crippled Russian Companies
9:18 – 📉 The Immediate Economic Damage
12:56 – 🧩 Russia’s Centralized Economy Under Stress
16:20 – 🧑🏭 Workers and Small Businesses Hit the Hardest
20:44 – 🔍 Internal Weaknesses Exposed
24:05 – 🌍 Global Reactions & Economic Signals
27:52 – 📢 Final Thoughts from Prof. Wolff
29:40 – 🛑 Closing Speech
🔥 Why Watch This?
Understand the real economic consequences of Russia’s internet blackout.
Learn how centralized political control can amplify economic shocks.
Hear Prof. Wolff’s deep analysis on Russia’s fragile internal economy.
See why businesses collapsed instantly and what it means for workers.
Get a global perspective on how this event reshapes economic narratives.
Perfect for viewers who want facts, context, and expert interpretation.
📢 Hashtags
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🔑 Keywords
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