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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.”

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[-] oftenawake@lemmy.dbzer0.com 4 points 2 weeks ago

Plot twist: Turmp announces $40bn Russia bailout. 😬

[-] Tyrq@lemmy.dbzer0.com 4 points 2 weeks ago

In before $40b bailout to this swine as well

[-] Salamanderwizard@lemmy.world 3 points 2 weeks ago

I'm waiting for Trump to send weapons to Russia at this point.

[-] empireOfLove2@lemmy.dbzer0.com 1 points 2 weeks ago

And soldiers, in the form of ICE detainees!

[-] Retiredtoflorida@lemmy.world 3 points 2 weeks ago* (last edited 2 weeks 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.

[-] EmpireInDecay@lemmy.ml 3 points 2 weeks ago

How many times over the last few years has Russia been days away from defeat?

[-] TankovayaDiviziya@lemmy.world 3 points 2 weeks 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.

[-] goferking0@lemmy.sdf.org 2 points 2 weeks ago

Just as many as this is what will get taken down by lawsuits|investigations|scandals

[-] ryathal@sh.itjust.works 1 points 2 weeks 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.

[-] eugenevdebs@lemmy.dbzer0.com 0 points 2 weeks ago

Always about to run out of money and need peace talks, yet also always ready to strike a sneak attack on all of NATO without a moment's notice.

[-] TankovayaDiviziya@lemmy.world 2 points 2 weeks ago

It's a catch 22 for Putin. If he quits the war now, he will face domestic coup because it showed how weak he is. If he continues the war longer, it will jeopardise the entire future of the Russian country even further.

[-] myfunnyaccountname@lemmy.zip 3 points 2 weeks ago

Don’t worry. Trump will bail them out.

[-] Doomsider@lemmy.world 1 points 2 weeks ago

The truth speaker.

[-] AllNewTypeFace@leminal.space 2 points 2 weeks ago

They still have a huge ransomware industry. Presumably the state will squeeze the cybercrime gangs to take more and funnel all the takings to the great patriotic war rather than buying lambos.

[-] phoenixz@lemmy.ca 1 points 2 weeks ago* (last edited 2 weeks 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 3 points 2 weeks 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.world 1 points 2 weeks ago* (last edited 2 weeks 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.

[-] Siegfried@lemmy.world 1 points 2 weeks 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

[-] queermunist@lemmy.ml 0 points 2 weeks 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 2 points 2 weeks 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@lemmy.ml -1 points 2 weeks 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.

[-] Tattorack@lemmy.world 0 points 2 weeks ago

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

[-] palordrolap@fedia.io 1 points 2 weeks ago

Fun fact: The closest English equivalent might be "Roderick".

But names have a funny habit of doing that. Nothing for decades, then it becomes a fashion and everyone and their pets have the same name, and then back to obscurity again. Rinse and repeat.

[-] roserose56@lemmy.zip 0 points 2 weeks ago

Might, exactly! But there is China and North Korea who can fund Russia too.

[-] PlutoniumAcid@lemmy.world 0 points 2 weeks ago
[-] roserose56@lemmy.zip 1 points 2 weeks ago* (last edited 2 weeks ago)

They lend money with interest or anything else in exchange. This can be minerals, manufacturing facilities, weapons or anything that might help in a trade war.

Money is fictional anyways. If they want to, Moscow can print literally arbitrary amounts of Rubels. There's no way they're gonna bankrupt.

What could be interesting, however, is see how the economic situation unfolds for everyday people.

[-] spartanatreyu@programming.dev 2 points 2 weeks ago

Money is fictional anyways. If they want to, Moscow can print literally arbitrary amounts of Rubels. There’s no way they’re gonna bankrupt.

Germany printed more money during a certain world war...

It didn't work out great for them

[-] core@leminal.space 0 points 2 weeks ago

Haven't people been saying this for a couple years now?

[-] spartanatreyu@programming.dev 2 points 2 weeks ago

Yes but sanctions take years to take effect because they accumulate over time.

They've been slow rolled which has slowed the effects, but Ukraine's "kinetic" sanctions have accelerated the effects back up.

[-] froh42@lemmy.world 1 points 2 weeks ago

I fucking love your concept of kinetic sanctions.

[-] ms_lane@lemmy.world -1 points 2 weeks 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.

[-] spartanatreyu@programming.dev 1 points 2 weeks 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.

[-] worhui@lemmy.world 1 points 2 weeks 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.

[-] reksas@sopuli.xyz 1 points 2 weeks ago* (last edited 2 weeks ago)

Oh joy, china will effectively own russia at some point without having to even have a conflict for it. I really dont want china as neighbour.

this post was submitted on 12 Nov 2025
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