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It’s been almost 18 months since the start of the sanctions, but is Russia’s economy really collapsing? Or can Putin continue the fight? Here’s what you must know about Russia’s economic situation and why it might be more resilient than we think.
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✅ Timestamps & Chapters:
0:00 Is Russia Really Breaking?
1:58 Russia’s Inflation
4:49 The Russian Ruble
6:42 Sponsor – Private Internet Access
8:11 Russian Revenues
12:08 It’s All About China & India
14:37 Can Russia Outlast The West?
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43 Comments
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Russia is laughing at the west.
OIL AND GAS = MONEY, GOLD WHAT EVER YOU CALL.
It's been collapsing for about a decade now since 2014 or so. Still can't manage to.
Russia's "sell everything to the west for pennies" Economy is crashing. Meanwhile its real economy is amazing.
Russia hires North Koreans for any labour shortages
Sean…when you talk about inflation…it is now core inflation numbers….is it not sort of like window dressing by the west/USA ….how bad is inflation between EUROZONE vs sanctioned RUSSIA pre war, post sanction & projected future if headline inflation is to be calculated & displayed
Facts
Russia produces 5.25 millions BPD of oil.
India buys 2 million BPD+ China buys 2.2 BPD.
China & India are supporting Russian economy by buying oil, fertilizers & minerals
Russia is not Zimbabwe hehe the war will continue the West will likely back down as the pressure grows, Russia on the hand is on the defensive backline.
I look at France and England! Looks to me Russia can outlast the west! To me that’s the game plan! Putin is draining the west!
Thank you
❤👍👍👍
also cheap rouble helps when you export goods
Russia got 12 000 tonnes of Gold….watch the GOLD price att BRICS summit 22-24 aug.
I live in the Uk, and trust me when I say we are suffering over here! High taxes, high interest rates, high inflation and different sectors protesting very week due to low wages. I work in Private Banking on a generous salary however, due to high taxes it feels like i am working for virtually nothing!
The war of attrition against Russia is the worst strategy of all possible strategies.
unlike with India, Russia buys a lot from China. Anecdotal evidence show there are much more cars in Moscow and St. Petersburg than German , Japanese, and Korean. textiles and electronics also are bought from China . India sells very little to Russia .
The US and EU economies are so financialized that they cannot comprehend that a country that is cut off from their financial institutions can survive with "only" real rescources like oil, gas, coal and gold.
the wanky doodle fascist state of merica needs to fail so the world can know peace
B.R.I.C.S will help loosen the dollar grip. Slowly at first then suddenly.
Russia is a net exporter and has two of the biggest population buying huge quantities of oil. Their revenue is not going to deplete anytime soon
The West is not strategically at war with Russia, it seeks to weaken it. Their main goal is to deal with China. I think they're in a panic right now, because the window to screw China in is shrinking. The more the war goes on, the more Russia can win. But do not forget the more frightened the beast, the more treacherous the answer can be.
Again, as I've said in the past , to me it's just all smokes and mirrors at this point. As I've been hearing about "Russia's economy collapsing" etc or the "frozen Russian int reserves" etc etc. Yet you type in google just 2 words "cbr reserves" and open the first link , and you will see that nothing has really changed regarding Russia. So it's all pretty much a bs media warfare , as much as I am concerned.
Now, how much does that the war actually costs Russia? and according to my calculations and estimates is ONLY around $10 bil USD a year. Which is practically nothing compare to what the US( and it's allies is spending on it ) by some estimates up to $200 bil. a year (including everything) .
Russian military budget was 4 trillion rubles , and it spiked up to 5 trillion, yet they say that they will reduce it's spending in the future… Yet I don't really bite that , but whatver, let's say that Russia will keep it at 5 trillion rubles. Which means that the war costs Russia ~ 1 trillion rubles a year or ~ $11 bil USD , which means that it's absolutely nothing. Compare to the Russian reserves, Russia can sustain this war for at least for 50 years. The west will obviously collapse way before than, I'd even argue if the US has 5 more years to it , or if the collapse of it will come even sooner.
Joe "X": — The big problem, that we are having in Russia is, that their weaponry seems to be inexhaustible!
How on Earth, they are able to keep firing thousands of rockets, EVERY day, foe months on end?
Maybe we should offer them peace talks?
On their terms, of course, if we don't wont them to be rejected by that pesky Putin….
Russia has already gone broke, it's economy follapsing under American sanctions, the army has collapsed, the population revolting and Putin has died … twice.😱 And then Joe woke up 😂
🤓🇦🇺
Well if US keep spending billions to ukraine.. same shit for the US economy 💀
The war can last into decades.
Their is a simple solution to avoid inflation hell: Stop using the US Dollar cuz the USA is the one making the inflation and everybody using the Dollar suffers with them. So stop using the Dollar and use other forms of exchange like Gold, Yuan or commodities exchange so that the only ones who's going to suffer inflation hell are it's masters the United States.
Russia's economy is not breaking. And it will not.What is breaking is the American economy. Not only the economy, America itself is going to break. Ponzi scheme will not work long
I AM GLAD YOU HAVE POINTED THIS OUT IF WESTERN SANCTIONS ARE HURTING RUSSIA I DONT SEE HOW😊😊😊
Russia has all the cards on its chest. They can accelerate their war machinr but its not an optinal option. If gas pricew collapse further, Russia will likely get over witg the war.
Russian Federation's predecessor, Soviet Union survived nearly 70 years of sanctions.
The Ukrainians won't last much longer. They are running out of men.
The Uk economy has suffered massive inflation.
slava russia/china, russia's GDP is over 3.1 and thats from uk news thats pro ukraine, also brics will help us drive out the USD and collective west, russia is already winning, russia is playing with them, because this is NOT a war, its a military exercise taking parts that VOTED to be russian and was getting bombed by ukraine and over 13k ethnic speaking russians being murdered, hence why its taking only parts thats russian and stop. However due to ukraine being controlled by nato/america that don't want the proxy war to end russia might have to take kiev to end the war
🇷🇺🇷🇺🇷🇺💪💪💪
bro I know you are targeting the international audience… but it's a bit weird to pronounce 'yuan' in that way when you know how it's supposed to be pronounced lah. you're speaking in a Singapore accent already, so don't be shy. be proud of who you are.
oh. 'xi' also.
I am surprised by the west thinking it could take Russia down and totally ignorant of the relationship Russia has with China. US only fought with China once and it was in the Korean war. China, as then the world's poorest country, did not lose because it was backed by the the Soviet Union from Kremlin. China and Russia may have some minor disagreements over the years but the two are interdependent economically and military. There is no way Russia could fail simply because the US and its lapdog EU want it when China is the world's second biggest economy.
Whatever oil and gas the US forces EU not to buy from Russia at the knock down price they can all go east to China and India. Thus EU this time has shot itself on the foot by permanently elevated its energy cost 3 to 4 times of the Russian supplies and become totally dependent on the US. Russia not only selling EU cheap energy before it didn't interferes EU internal politics like the US would. Now EU is totally broken! It is the biggest folly in recent world history because Ukraine isn't a member of EU nor a member of NATO. All the problems stem from the US foreign policy which is in turn dictated by the deep state who controls the US military industrial complex.
China and Russia will go back to the future. Economically similar to Cuba and North Korea. Like they were in the 1960, 70’s before they opened up to the west. The western world is telling you they have decided to contain them. The sooner you come to terms with it the better you can prepare. It has been happening right in front of our eyes. The USD doesn’t have to be the best, just better than everything else.
India is the key…
Let us not forget the US is still buying and needs to buy much of its uranium from Russia! The sheer insanity of this war. The West exposes the hypocrisy of its actions.
Russia does not fight for money, Russia fights for survival and they are on a war footing meaning they will produce whatever weaponry is needed at extremely minimal costs compared to the west.
You may be right but i will tell you this for nothing, Russia will not get back to normal in our lifetime if ever at all. You hear people say how bad it is for us in the west, imagine what its like for normal russian civilians.