During the interview Lipsitz talked about:
- Russia's current domestic public debt and budget deficit;
- mass import of labor migrants from Afghanistan to the Russian Federation;
- whether an economic crisis will really begin in Russia this summer;
- how much the Kremlin spent on the war;
- about what will happen to the illegitimate Russian President Vladimir Putin after the end of the war.
“They say that the Russian economy is too big to fall. But we remember what happened to the USSR economy – it rotted, and the USSR collapsed. Russia is following the same path. Russia is driving itself into economic difficulties and is left without money,” the economist said.
Lipsitz was born in 1950 in Moscow. Graduated from the General Economics Faculty of the Moscow Institute of National Economy named after G.V. Plekhanov. Doctor of Economics (2001).
In the 1970–1990s, he worked at the Research Institute for Pricing of the State Committee for Prices under the USSR Council of Ministers, the State Bank of the USSR, and the Expert Institute of the Russian Union of Industrialists and Entrepreneurs.
Lipsitz is one of the founders of the Russian Higher School of Economics (he worked at the university in 1993–2023), the author of numerous publications and the first textbook in Russia on market economics for teenagers.
Lipsitz now lives in Lithuania. In March 2024, the Russian Ministry of Justice added him to the list of “foreign agents.”
