Russia's Financial Collapse: The Data Putin Can't Hide Anymore - Jason Jay Smart

[TexasTowelie]

Is the Russian economy sustainable—or headed toward collapse?

The latest data paints a grim picture. Banks are drowning in bad loans. The National Wealth Fund is nearly depleted. Record military spending is overwhelming the federal budget. Oil revenues are plunging. And the Kremlin’s own statistics confirm the crisis.

What this video covers:
— Over $66 billion in non-performing loans across Russian banks (The Moscow Times, May 2025)
— Liquid assets in the National Wealth Fund down 74% since 2021 (Interfax, Business Insider)
— $130 billion in defense spending straining public finances (Business Insider)
— Budget deficit already exceeds full-year target by 2.3x (The Moscow Times)
— Interest rates locked at 21%, choking business lending (Reuters)
— Corporate debt surging amid forced loans to defense contractors (Kyiv Post)
— Oil trading far below forecasted price, costing Russia over 1 trillion rubles in revenue (Financial Times)
— Internal government reports show rising fears of defaults and capital controls (Reuters)
— Forecasts warn financial reserves could be gone by fall 2025 (Business Insider)

These figures come directly from Russian sources and international financial monitors.

No speculation. No guesswork. Just the numbers—and the warning signs they reveal.

[RVN VET71]

1. So the "war of attrition" is not just attrition of population but of the economies.

Putin is willing to expend millions of his own people if he can murder millions of Ukrainians -- because he has more millions to work with. But Ukraine has proven up to the task of killing Russians (and North Koreans) without losing a like number of its own soldiers. And Ukraine is also supported by the other Democratic nations of Europe, its economy kept aloft through massive funding from its allies. Russia stands pretty much alone as its economy falters and crumbles.

So the race is on. Will Ukraine be brought to its knees because of the human losses Russia is inflicting on her? Or will Putin's Russia collapse economically first? I think Trump's recent attacks on Putin suggest strongly what his Administration feels to be the case. To put it in terms Trump would understand, there is no longer any profit in backing a declining Country on the verge of economic collapse. Trump. that is, sees Putin as a loser who can no longer promise to grease Trump's palms with the largesse that is the key to Trump's friendship and support..