Last month, the Russian government released a draft of the proposed 2026–2028 federal budget, which purports to show the near-term priorities of President Vladimir Putin.
Vladimir Milov, a Russian opposition politician who left Russia after Putin’s February 2022 invasion of Ukraine, has released a pessimistic assessment of the former KGB lieutenant colonel’s chances of being able to continue to bankroll his war in Ukraine.
In his latest report for the Foundation, he projects rough times ahead for Moscow due to a series of unfavorable trends.
According to his analysis, Russia’s budgetary situation is anything but “normal.”


In the end does it matter?
Xi seems willing to prop up Russia indefinitely and the west isn’t willing to dump China, so it doesn’t really matter if some Russian banks fall, since the regime will keep getting infinite money.
I haven’t seen that same willingness. China is willing to profit from Russia and wants a non-western aligned source of raw materials.
They seem to be giving just enough support to stop Russia from collapsing.
It’s possible for china to give Russia enough aid to basically cause Ukraine to capitulate. I just haven’t seen much to indicate anything near that support.
Oh joy, china will effectively own russia at some point without having to even have a conflict for it. I really dont want china as neighbour, even russia seems better…
This is a smart and more humane way of becoming the world’s leading superpower than war.
I’m under no illusions about china being benevolent or perfect but given the way things are going in the west I’m not sure I believe anymore that china rising to increasing prominence in the world stage is necessarily a bad thing.
its just that china has tendency to mess with their direct neighbours
That money isn’t free though. There are consequences attached to it.
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Yes, it does.