A small group of Russian insiders expresses concerns over Russian President Vladimir Putin’s invasion of Ukraine, citing potentially devastating political and economic shocks that could send Russia back by decades.

Bloomberg had spoken to 10 Russian insiders who have direct knowledge of what was happening behind the scenes. According to their sources, critics of the invasion remain limited at the very top of Russia’s power structure. However, this number has been consistently growing across senior government officials and state-run enterprises.

The ten Russian insiders spoke under the condition of anonymity to protect themselves from the possible consequences of their statements.

Sources say there is currently no chance that Putin will pull out of the war in Ukraine and no hope that someone from the inside will step up and challenge the Russian president. Putin has further narrowed down his inner circle to a limited group of hardliners he trusts.

The decision to invade Ukraine was made by Putin and a handful of his closest advisors. This includes Secretary of the Russian Security Council Nikolai Patrushev, Defense Minister Sergei Shoigu, and General Staff Chief Valery Gerasimov.

Support for Putin’s invasion remains strong among the Russian elite, with many embracing the Kremlin narrative that the invasion was necessary to prepare for the inevitable conflict with the West that has expanded its influence closer to Russia.

Meeting of Russian President Vladimir Putin with Defense Minister Sergei Shoigu and Chief of the General Staff of the Armed Forces - First Deputy Defense Minister Valery Gerasimov (Kremlin.ru, CC BY 4.0 , via Wikimedia Commons). Source: https://commons.wikimedia.org/wiki/File:Vladimir_Putin,_Sergey_Shoigu,_Valery_Gerasimov_(2018-04-20).jpg
Meeting of Russian President Vladimir Putin with Defense Minister Sergei Shoigu and Chief of the General Staff of the Armed Forces – First Deputy Defense Minister Valery Gerasimov (Kremlin.ruCC BY 4.0, via Wikimedia Commons)

Many are also buying into the ability of the Russian economy to adapt to the economic sanctions imposed by the United States and its allies. This was further cemented after the Russian economy appears to be slowly regaining momentum after the drastic shocks from sanctions.

Nonetheless, a growing number of top Russian insiders have concluded that Putin’s commitment to his conquest of Ukraine will eventually spell doom for Russia. They believe that, if Putin continues, Russia will be pushed to years of isolation and heightened tension that will leave the Russian economy in shambles, its national security compromised, and its international influence soiled. The report also cites a handful of business leaders releasing statements that question Putin’s strategy. However, the most influential ones remain fearful of the possible repercussions of voicing out.