Is Russia Bankrupt?

When the Soviet collapsed in December 1991, most previously held nations rejoiced, and among them was Chechnya, who wanted no part of Russia, and that war cost Putin 50,000 troops, plus 8 billion rubles. Putin is spending 3.8 billion rubles a year, maintaining his rule there. The same with other nations such as Georgia, which 5-day war cost Russia 12.5 billion rubles, and caused the Russian stock market to collapse, with over one trillion U.S. dollars wiped out.A recent Georgian election, overwhelmingly said that Georgians want out of Russian influence.

After much research, I am convinced that Russia’s war in Ukraine, plus other Putin costly adventures, has bankrupted it, and just a couple of headlines from major news sources, backs me up.

From the UK Express: “Russian Economy Meltdown Amid Putin Bankruptcy Warning.”
Newsweek 11/29/24: “Russian Ruble Collapses as Putin’s Ukraine War in Trouble.”
Washinton Post: “Ukraine War Has Cost over 200 billion U.S. Dollars, 700,000 Soldiers wounded or Killed.”

Ukraine Daily Independent: “Can Russia Sustain its War Effort as Ruble Plummets?”
The Conversation: “Two years after its full-scale invasion of Ukraine, Russia is still facing un-precented number of economic sanctions. It has been excluded from major global financial services, and around $260 billion of its central bank assets have been frozen. Russian airspace has been closed to most western planes, and western ports are closed to Russian vessels.”

From the BBC, June 27, 2023: “Ukraine War: Countdown to End of Putin, Say KYIV Officials.” “War in Ukraine: Soon Russia unable to pay its debts, Warns Agency.”

Of course, we must remember the collapse of the Russian economy in 2008 during the Covid crisis, which originated in commie China, but no other economies collapsed. Russian troops, which used to protect Syria, were transferred to Ukraine, and Syria fell like a ton of bricks. That alone, could spell the end of Putin, since Syria was his major terminal point for his air force and shipments to China and other commie outfits.

Putin’s ‘borrowing’ thousands of North Korean troops, to me, is indicating that the Russian population has had a belly full of the Ukraine war, and the lies it has had foisted on it about, “I’m killing Nazis in Ukraine,” and the hundreds of thousands of Russian boys dead or wounded. Maybe the North Koreans will gain some weight, since they’re all literally starving, along with the rest of North Koreans, except Kim, their leader grows fatter each day!

Just last Thursday, two Ukraine drones flew into Russia, and bombed a high rise! It’s all drawing to a close, which Putin won’t admit, and won’t stop fighting. We can hope that Trump’s ‘friendship’ with Putin will end pretty quickly upon his taking office.
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Don Stott- don@coloradogold.com