Russia's Economy Is Down & Broke as Oil Prices Collapse - Econ Lessons

[TexasTowelie]

Hi, my name is Mark, and from a micro and macroeconomic point of view, Russia is out of gas metaphorically.. Russia is facing mounting economic pressure as global oil prices fall sharply. With Urals crude trading at just $48.92 per barrel—well below Russia’s budgetary breakeven of $75–80—the Kremlin is grappling with a widening budget deficit, service cutbacks, and limited financing options. In this video, we break down:

Why Russia’s economy relies so heavily on oil
How falling oil prices are deepening its fiscal crisis
Why the government can no longer borrow its way out
What does this mean for ordinary Russian citizens
And why is this strategically good for Ukraine and its allies

Russia's economic foundation is under stress, from budget shortfalls to social service strain. This financial pressure could reshape the Kremlin's choices as the war continues. Ukraine will win. Russia is falling apart based on economics.

[Faux pas]

1. Never fear

I'm sure the hump is sharing all the federal funds he's stealing with old pootie poot.