Putin to Make Significant Statement at Beginning of 2021, Says Popular Economist

Putin to Make Significant Statement at Beginning of 2021, Says Popular Economist

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In Mikhail Khazin’s opinion, the situation in Russia is aggravated by the fact that, in recent years, the global capitalist system has collapsed. He believes that, under these conditions, no world leader will be able to offer alternative options for the future to the world. However, Putin might have an alternative of this kind.

Chances are the Russian President will officially announce the country's transition to an entirely new model of development. Mikhail Khazin, a well-known Russian economist, social activist and publicist, believes that Vladimir Putin might make this significant statement in the short term. "Putin is getting ready to make an important statement at the beginning of the year," he said on the Moscow-based Aurora radio.

According to Khazin, the current situation in Russia shows that there is simply no other way but to return to the socialist or conservative model of state administration. Moreover, he believes that Vladimir Putin understands this better than anyone else and back in spring 2020 he began to make the first steps to announce the transition to a new model in the near future.

As for the current approach, which Khazin calls liberal, it finally led Russia into a dead end. In his opinion, the absence of real economic growth in Russia offers key evidence of this. Moreover, the economy stopped developing in the country back in 2012, says Khazin. Therefore, personally, Putin needs to make changes as he understands their importance more than anyone else.

According to Khazin, the situation in Russia is exacerbated by the fact that at this moment, it is obvious that the global capitalist system is collapsing. Therefore, to his thinking, at this background, no leader will be able to offer alternative options for the future tothe world. However, in Khazin’s opinion, Putin has an option of this kind. Chances are in the short term, he will offer the world a fundamentally new socialist model.

Khazin believes that at the beginning of the year, the Russian President is likely to make a statement that Russia will drop the liberal path of development.

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