Is Russia Actually Losing

#finance
#financement

Russia's war economy is running out of road. Ukrainian drone strikes have knocked out roughly a third of Russia's oil refining capacity, forcing an energy superpower to ration petrol at home and import gasoline from India — while Crimea sits under a state of emergency with the air-raid sirens switched off so the tourists aren't disturbed. In this video we look at what the numbers actually say: a contracting economy despite record military spending, a National Wealth Fund down from 6.5% of GDP to 1.8%, a first-quarter budget deficit that blew through the entire year's target in ninety days, and a banking system quietly commandeered to keep the tank factories running. We look at how China has turned the "no limits" partnership into a very one-sided arrangement, why Europe's largest rearmament since the Cold War sent defence stocks down, whether Europe actually needs expensive American fighter jets or is simply paying tribute to Washington — and what the Russian endgame realistically looks like, according to a Russian billionaire who is not a dissident. Featuring the Kiel Institute's "Endgame" report, Tucker Carlson's demon, and the parade Vladimir Putin had to get Zelensky's permission to hold.