Why Russia is Due a Financial Crisis

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Recent reports suggest that the Kremlin has been forcing banks to lend money to war-related companies in order to downplay the cost of the war; a move which could cause a major credit crunch. So how risky is this to the Russian economy and Putin’s regime?

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Sources:

1 – https://www.osw.waw.pl/en/publikacje/osw-commentary/2024-11-22/russias-budget-2025-war-above-all
2 – https://navigatingrussia.substack.com/p/russias-hidden-war-debt
3 – https://tradingeconomics.com/russia/inflation-cpi
4 – https://adamtooze.substack.com/p/chartbook-345-a-house-of-cards-russias

00:00 Introduction
01:33 The Kremlin’s “Soft Loans”
04:23 How Bad is this for Putin?
07:27 Brilliant (Sponsor)

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