Russia's economy can't avoid a crisis forever and it's becoming more vulnerable to shocks, think tank researcher says

• Russia can't stave off an economic crisis forever, think tank researcher Alexander Kolyandr writes.
• Moscow is becoming more susceptible to major shocks the longer the war goes on.
• "The Kremlin, as a result, is in a three-way bind of its own making," Kolyandr said.

Russia's economy is fragile and policymakers won't be able to stave off a crisis for very long, a think tank researcher argued in a post on Tuesday. 

Alexander Kolyandr, a Russian economy expert and researcher for the Centre for European Policy Analysis, pointed to mounting challenges faced by the Kremlin as its war in Ukraine drags on through its third year. 

Central bankers and policymakers in Russia have so far managed to keep the economy afloat, but their good luck is bound to run out, Kolyandr warned.