Moscow could soon struggle to finance the war, and fiscal breathing room may well be what the Russian leader’s looking for.

cross-posted from: https://lemm.ee/post/56722499

“If fiscal expenses remain at their January levels throughout the remainder of the year, the NWF reserves could vanish in just three months. And even if they don’t — as is more likely — 2025 is probably the last year Moscow will be able to fully cover its fiscal deficit by tapping into those savings.”

  • Ilovethebomb@lemm.ee
    25·
    18 hours ago

    This will likely end the same way Afghanistan did (either the US or Russia), not in military victory, but with the occupying force deciding the cost is too much, and going home.

    If we’re lucky, we’ll get to see Russia collapse again, too. As long as Ukraine can hold out long enough for this to happen.