The economy of course was a complete shitshow, but I think its faulty thinking to say that was the end all be all cause. Soviet famine in 30ies was certainly worse than economic woes of 80ies and soviet union did not collapse then.
Imho a very underestimated cause for collapse of soviet union was losing the war in Afghanistan. It destroyed the image that people had of the “invincible” red army. And much like now, Russia ran on strongman politics back then too. Reveal fundamental weakness and you pull the rug out from under your political platform.
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