Russia has burned through almost half of the liquid reserves in its national wealth fund as it bleeds money amid the war in Ukraine

9 comments

1. Putin is the most effective enemy of Russia that Russia has ever faced. If he were as smart as he thinks he is, I would think he’s a double agent for the west.

2. Must be why Putin and his cronies has been trying to force Ukraine to negotiate lately.

3. It didn’t consider how Russia continues to reduce costs by defenestrating non-essential people.

4. Wars cost a lot of money. That’s the main argument for not starting them, and often the main reason why they end.

5. almost half lol. we need to do better

6. So long as china and india continue to buy russian oil, the war will continue. The russsian military will have the funds and resources it needs.

7. It’s all going to get a bit *more* medieval in Russia over the next few years. Total collapse of what society is left on the cards.

8. Problem is, he was using pre-existing vehicles, ships and planes they had been acquiring over years, he didn’t need to pay for in the war, a lot of which are now gone.

   He’s going to have to buy a lot of new stuff for the military to replace all that…and its going to cost.

9. Bleed faster.