Last month, the Russian government released a draft of the proposed 2026–2028 federal budget, which purports to show the near-term priorities of President Vladimir Putin.

Vladimir Milov, a Russian opposition politician who left Russia after Putin’s February 2022 invasion of Ukraine, has released a pessimistic assessment of the former KGB lieutenant colonel’s chances of being able to continue to bankroll his war in Ukraine.

In his latest report for the Foundation, he projects rough times ahead for Moscow due to a series of unfavorable trends.

According to his analysis, Russia’s budgetary situation is anything but “normal.”

  • Retiredtoflorida@lemmy.world
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    7 months ago

    Bull. They have been laundering oil through India for a while. And while that loophole may close, every other asian country is waiting in line to be the supplier of refined product to Europe using Russian oil. https://www.reuters.com/business/energy/indian-refiners-review-russian-oil-contracts-after-us-sanctions-source-says-2025-10-23/

    Also, I know a Russian immigrant who regularly travels back there to visit her family. She flies through turkey with a suitcase full of money and western goods without any problems. Money is flowing into Russian like a river.

    • TankovayaDiviziya@lemmy.world
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      7 months ago

      I, too, am tired of these “any minute now” nonsense about Russia’s potential fall. The problem with people is the craving for instant gratification and results. We’re so pathetic in that regard.

      People with longer optics will say that Putinist Russia will fall, but it will be at any time in the coming years. It’s always a slow burn just like US decline since Iraq and Afgan war. Imperialist escapades will always have negative consequences to the imperialist state which reverberate across time. The only winner coming out of both US and Russian declines is China. Maybe India and Brazil will benefit from this as well. Perhaps Europe as well if Europe could decouple from the US in due time.

    • ryathal@sh.itjust.works
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      7 months ago

      Days is exaggeration, but there does seem to be mounting evidence that Putin may be looking for a way out of the war over the next year or so.

  • Phoenixz@lemmy.ca
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    7 months ago

    I’ve been hearing this for years now, and predictably, nothing happened.

    What’s different this time?

    And how trustworthy is this source? I’ve seen many a blog like this one that is just sponsored messages from state X wanting to make state Y look bad

    • worhui@lemmy.world
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      7 months ago

      the price of oil is low and Russian refineries can’t refine and deliver vast amounts of oil due to attacks.

      Though Russia has in the past found effective ways to get around what would have truly been crippling financial situations. They have been very resourceful in the past. It just gets harder and harder each time . They are just in a worse situation in all ways year on year.

      This time they will get past it, but they are getting depleted. I just don’t see them ending the war until the choice is out their hands.

    • ameancow@lemmy.worlddeleted by creator
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      7 months ago

      Media has fallen off a cliff in the last few years. Nobody but some of the older, more respected institutions do anything but publish rage-bait, pandering nonsense and clickbait headlines and filler stories meant to get grabbed by algorithms in content aggregation social media sites so they get traffic. It’s doing all of us a lot of harm being fed just the shit we want to hear, it’s literally why we have people arguing about the shape of the Earth right now.

      • Phoenixz@lemmy.ca
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        6 months ago

        I’d argue that that mostly goes for American (and maybe just English) outlets, though.

        I’ve seen this much, much less in outlets in European countries, for example

  • ms.lane@lemmy.world
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    7 months ago

    In the end does it matter?

    Xi seems willing to prop up Russia indefinitely and the west isn’t willing to dump China, so it doesn’t really matter if some Russian banks fall, since the regime will keep getting infinite money.

    • worhui@lemmy.world
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      7 months ago

      I haven’t seen that same willingness. China is willing to profit from Russia and wants a non-western aligned source of raw materials.

      They seem to be giving just enough support to stop Russia from collapsing.

      It’s possible for china to give Russia enough aid to basically cause Ukraine to capitulate. I just haven’t seen much to indicate anything near that support.

    • spartanatreyu@programming.dev
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      7 months ago

      Xi seems willing to prop up Russia indefinitely

      Definitely not.

      Remember: China wants it’s former territories back that Russia took over during what China calls “The Century of Humiliation”.

      Xi wants Russia’s war with Ukraine to continue for as long as possible, because the longer the war goes on for, the weaker Russia becomes, and the easier it will be for China to take back that territory.

  • Siegfried@lemmy.world
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    7 months ago

    You people surely don’t know this but once a state like Russia runs out of money, they will just simply start printing money. How much? As much as they need. Inflation would be a tertiary problem for them

  • Tattorack@lemmy.world
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    7 months ago

    I’ve completely lost track of the amount of people in Russia named Vladmir, Vladimir, Voldemir, and Volodimir.

  • UnderpantsWeevil@lemmy.world
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    7 months ago

    “The Banks Russians are out of money!” rides again.

    Who is reporting this?

    The National Security Journal

    Reuben F. Johnson has thirty-six years of experience analyzing and reporting on foreign weapons systems, defense technologies, and international arms export policy. He is also a survivor of the Russian invasion of Ukraine in February 2022. He worked for years in the American defense industry as a foreign technology analyst and later as a consultant for the U.S. Department of Defense, the Departments of the Navy and Air Force, and the governments of the United Kingdom and Australia.

    Why not just give us your government badge number, dude?

  • queermunist she/her@lemmy.ml
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    7 months ago

    Russia prints its own money. It’s not like there’s a savings account that they’re running dry, they can just print more whenever they want.

    This article is cope.

    • MrFinnbean@lemmy.world
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      7 months ago

      That is not how economics work.

      If you wanna see extreme case search hyper inflation in Hungary after ww2. There was basically a time when every 15 hours price of everything doubled because the goverment just kept printing more money.

      • queermunist she/her@lemmy.ml
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        7 months ago

        Supply and demand. As long as there is demand for Russian rubles, and there are as long as Asia trades with them, then inflation will be kept in check. Inflation is caused when supply outpaces demand.