Russia's Economic Meltdown is Coming Faster Than We Thought

This is very informative.

This commentary is not clear. The savings account has to be foreign currency reserves. They didn't have to save in rubles. they could issue that. The foreign currency is needed to import goods they don't have.

All these people living in poverty are now receiving money that the Russian oligarchs and government tried so hard to keep from them for decades, but there is only so long these oligarchs will put up with paying the bill. If Russians weren't so selfish, they would actually have the economy that they think they have.

So, Russia's exconomy seems to be in that sweet week or so of a radiation poisoning where your body appears to have recovered right before your flesh starts to fall off your bones, right? 🤔

Money printer goes "brrrrrrrr".... I have the idea tgat the workd, ALL told, does nit need tge Russian Federation, and maybe does not need Russia itself. If Russia wishes very much to believe that they do not need the world, that's a choice they are free to make.

Great video!

Putin, the biggest thief and killer of the XXI century

Putin is covering his budget cash flow shortage by drawing down his liquid assets from his SWF. That's why you don't see his economy crashing yet; but it will ABSOLUTELY collapse after his savings run out. Ukraine's strikes on O&G facilities are restricting Putin's revenues - causing his savings to run out more quickly.

Putin can ONLY pay the military at this level by drawing down the liquid assets of his savings fund; when the savings are gone, he's done. The house of cards will collapse.

Western media that believe kremlin propaganda without critical analysis...tucker carlson in a nutshell!!!🙄

More sanctions against Putin. Take him out....

If Russia breaks up, China will set their sights on the Sea of Okhotsk territories first.

I'm from Russia ,i literally eat grass, i only have money left for the internet, please help, here is my bank account number...AHHhh..(sounds of dying)

😂😂 all the geopolitical experts in the comment section. 😂

What is happening is the Russian government is laundering the populace's savings to the Russian defense sector through the banking sector, but because we live in the era of Fiat currencies the Russian Central Bank can always just deposit more rubles in these banks to ensure there is sufficient liquidity, which is a major reason why inflation remains at ~9% despite 20% interest rates, as a large part of the war is being paid for by printing currency.
Though additionally this is doing something that Russia had needed to do for some time, which is a wealth transfer from the Oligarchs and Moscow Area to the other Russian Regions and wider populace. This is due to the tight labor market created by the war and increased defense production. While Inflation may be high, from the Russians I've talked to they're not overly concerned as long as wages keep up and interest rates remain high so their income and savings keep up with inflation.
The hard truth is Russia can afford to pay for this war for several more years without permanent consequences to her economic foundations, and Ukraine is unlikely to last that long with how the front is going.

When you have zero concern for your people, a country can fight well past the obvious economic point of no return. Putin is not constrained by the concerns of leaders in the west.

The situation in Moscow and St Petersburg, is not representative of Russia as a whole. We have family in small towns and villages in Russia, and they have been hit hard. Life in the villages was hard before, but it's terrible now.

The western media that mindlessly repeats Russian propaganda should be prosecuted under the Alien and Sedition Act.

FAIL RUSSIAN GOVERNMENT FAIL....

Beritanya semua ngejelekin rusia

Dasar channel propaganda pro barat😂

Trump is going to save Putin. He will give Putin everything that he wants in Ukraine. He will permanently remove all economic sanctions. Now the US is allied with Russia and against Europe.

They Could stop this war ok. It is Nice ❤

Another fantasy fairytale video? If Russia can´t fight anymore, why is Trump beggin for a cease fire? Why is "herr fuhrer Zelensky" still beggin for Nato to save them? If you are going to do propaganda, at least, check reality before talking nonsense.

So interesting! I really appreciate this information. Putin is a sly devil. I would not want to spend any time in his mind. 😱

how do they still have bullets for guns even ?

Hows this video aging. Can you admit you were presumably wrong not about russia but about everyone else….

Trump is trying to save Putin

Incredible level of stupidity in this video

Very useful information!

Did I just get a crash course in economics 😀
Awesome vid!! Very enlightening!
Subbed

The Icarus Project channel is a joke!

Have you quit?looking fwd to your videos

Russian economy is always undercounted by West for a purpose. Before the West said they couldn't feed themselves. Anyone who's gone to Russia will see that Russia economy is bigger than France and UK.

US and UK have a lot of debts you people are not interested talking about it. US 33t in debts.

Putin has only himself to blame couldn’t have happened to a bigger war criminal since Adolf Hitler

no high intrest rates come years after the country has printed their currency into oblivion

Dont worry be happy

How bad is it when your prosperity is based off of death bonuses.

Let Russia colapse as soon as possible. Trump needs to be impeached and go to prison. Musk needs to ne separated from government. Hopefully peacefully. Republicans, what the heck is wrong with you?

This reminds me of the Wall Street Crash, followed by the galloping inflation of the Weimar Republic, yet just a few short years after, the Third Reich was re-arming frantically in order to carry out Hitler's ambitions of conquest.
There has been a suggestion that the regime reneged on the repayments of debts, but it doesn't appear that anybody is lending to Russia.

Some media outlets will look pretty foolish when Russia eventually runs out of money.

yeaaah sure...Keep the hope a live..🤣

"Deathanomics" - I prefer another name, "necronomics". Everyone thought that Necronomicon from Lovecraft's horror stories is a handbook of black magic. But it's something even scarier - it's a handbook of Russian economic theory.

Anyone notice Putin has become quite the chubby geezer?

How much evil one man is allowed to do before our society it bad? based on presented videos a lot of evil is acceptable, just Putin sending millions to the meat grinder and yet our society won't do what should be done, is Putin allowed the killing without consequnces ?

Stupid question

In the unforgettable words of Inigo Montoya in The Princess Bride, "You keep using that word [soon]. I do not think it means what you think it means."

Putins ego for power maybe to much for russia to sustain, who will go him or them?