Russia Is Running Out of Money Faster Than You Think

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Russia is discovering a hard truth: you can’t have guns, vodka, and a functioning economy.

In this video, I break down why Russia’s wartime economy is starting to overheat—and what that means for Putin, the war in Ukraine, and the rest of the world.

With inflation hovering around 10%, a labor market stretched to the breaking point, discounted oil killing state revenue, and 400,000 soldiers who eventually need to be demobilized into civilian life, Russia is facing an economic crisis of its own making. And that crisis is beginning to collide with the realities of a long, grinding war.

I also get into how Russia evades sanctions using third-country imports, why Western companies keep accidentally supplying the Russian military, and why Putin’s “professional gambler” strategy is pushing his economy toward a cliff.

Then we’ll look at the newest Ukrainian strikes on Russian oil and gas infrastructure, what that means for the battlefield, and whether this all points to a looming collapse—or just another chapter in Russia’s long history of surviving bad decisions.

Spoiler: The bad guys never play by the rules. And they’re running out of money.

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