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.”

  • ms.lane@lemmy.world
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    22 days 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.

    • worhui@lemmy.world
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      22 days 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
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      22 days 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.

      • krooklochurm@lemmy.ca
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        22 days ago

        This is a smart and more humane way of becoming the world’s leading superpower than war.

        I’m under no illusions about china being benevolent or perfect but given the way things are going in the west I’m not sure I believe anymore that china rising to increasing prominence in the world stage is necessarily a bad thing.

    • spartanatreyu@programming.dev
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      21 days 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.

  • Tattorack@lemmy.world
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    23 days ago

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

    • palordrolap@fedia.io
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      23 days 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.

      • P00ptart@lemmy.world
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        21 days ago

        Jessica and Jennifer are getting to the age that they’d like to speak with your manager.

  • Siegfried@lemmy.world
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    21 days 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

  • rose56@lemmy.zip
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    22 days ago

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

      • rose56@lemmy.zip
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        22 days 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.

    • etuomaala@sopuli.xyz
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      17 days ago

      That was the most surprising thing I read in this article, though:

      Even The People’s Republic of China (PRC), which was seen as a potential lender at one time, has turned down Russian requests for government loans.

  • etuomaala@sopuli.xyz
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    17 days ago

    Well, don’t expect a popular uprising any time soon. The KGB have totally depoliticised the Russian people. They believe they have no control over the fate of their country. If Russia fails, it will be because of economic failure at a basic level, where the country’s food, transportation, and energy systems all just stop working. And nobody in Russia will care, or do anything to stop it.

    It’s interesting that the KGB has engineered a country uniquely capable of letting itself die.

  • AllNewTypeFace@leminal.space
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    23 days 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.