Yes, absolutely. Russia, 60m people (or how much is it? More even) notwithstanding, is essentially a petrostate. It was too hard to try to get the population-driven productive elements to compete against the easy resource money.
I mean, Norway is right fucking there. This war is on them, entirely, for failing to prepare for the inevitable day when the natural resources are no longer enough to bankroll the entire state.
But, doing it _now_ is not possible without major political upset, so the major political players, not wanting to be 'upset' out of a window (hey, you live by the sword, you die by the sword, I'm sure the political elite is aware of the usual way to deal with higher ups that need to be lesser higher up: By taking that literally) - start a war.
Outside of Putin's delusions of grandeur for an empire that never existed I still fail to see ANY upside for Russia for this war.
Putin didn't have to invade! If he was truly worried about Russia's economy he could have (and should have) gone about instituting reforms/policies to encourage economic diversification and growth. I fail to see how even a successful invasion of Ukraine results in economic upside for Russia. They were doomed to fight an insurgency for years which costs money, or they're going to spend resources rebuilding a country they just fought a war in.