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
    link
    fedilink
    English
    arrow-up
    16
    ·
    2 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.

    • spartanatreyu@programming.dev
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 day 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.

    • worhui@lemmy.world
      link
      fedilink
      English
      arrow-up
      4
      ·
      2 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.