> Russia is a state on brink of bancrupcy.
Proofs? AFAIK it is exact opposite: very low debt, stable source of income from resources export, large gold reserves.
Proofs? AFAIK it is exact opposite: very low debt, stable source of income from resources export, large gold reserves.
70% of their trade is with Western countries [c] so if cut them off, their deficit quickly pushes them hard into debt and with no external financing they will go into internal debt. With no credibile ways to pay off debt they have hyperinflation and people on the streets demanding Putin out.
Modern war is super expensive [d]
[a] https://commons.wikimedia.org/wiki/File:Russia_Export_Treema... [b] https://atlas.cid.harvard.edu/explore?country=186&product=un... [c] https://atlas.cid.harvard.edu/explore?country=186&product=un...
[d] https://www.forbes.com/sites/hanktucker/2021/08/16/the-war-i...