Despite the fact that Putin's Government increased the planned budget deficit several times during the year, they still did not meet it. In December, everything that had been so diligently hidden under the rug for an entire year came to light.
The deficit was a record breaking, and Russia simply cannot afford to spend so much. The liquid part of the National Welfare Fund is almost spent, revenues are not growing, but expenses are increasing several fold.
And then there is Trump with his ideas to bring down oil prices. It is impossible to say yet whether he will succeed in his plan, because it will also affect American oil producers, but technically such a possibility exists if the new American president comes to an agreement with OPEC.
In general, the Russian economy is not doing well anyway, and if Trump implements his plans, it could accelerate the onset of a serious crisis, says Vladimir Milov in a new economic report.
YouTube channel of Vladimir Milov: @Vladimir_Milov
Support Vlad's work:
Patreon: / milov
Crypto: http://milov.org/donate.htm /
Vladimir Milov on other social media:
Telegram: https://t.me/team_milov
Facebook: /milov.vladimir
Twitter: / v_milov
Instaghram: /milov_ru
English translation by PrivateerStation
Original video in Russian: https://youtu.be/LLz7SZsx0xQ
--------------------------------------------------
Privateer Station on Spreaker: https://www.spreaker.com/show/privateer-station-war-in-ukraine
PS on Rumble: https://rumble.com/c/c-1582435
PS on YouTube: https://www.youtube.com/c/privateerstation
PS on iHeartRadio: https://www.iheart.com/podcast/53-privateer-station-war-in-uk-101486106/
PS on Spotify: https://open.spotify.com/show/5iEdf0Jyw1Y3kN04k8rPib
PS on ApplePodcasts: https://podcasts.apple.com/us/podcast/privateer-station-war-in-ukraine/id1648603352
PS on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNTY0NzQzOS9lcGlzb2Rlcy9mZWVk
PS on PadcastAddict: https://podcastaddict.com/podcast/4079993
PS on PodChaser: https://www.podchaser.com/podcasts/privateer-station-war-in-ukrai-4860097
PS on Deezer: https://www.deezer.com/us/show/4546617
PS on Castbox: https://castbox.fm/channel/id5162050
If you like what we do and would like to support our channel, consider becoming a member:
https://www.youtube.com/channel/UCT3qCbfcPbnph7QS3CPBTMQ/join
Become a supporter of this podcast: https://www.spreaker.com/podcast/privateer-station-war-in-ukraine--5647439/support.
The deficit was a record breaking, and Russia simply cannot afford to spend so much. The liquid part of the National Welfare Fund is almost spent, revenues are not growing, but expenses are increasing several fold.
And then there is Trump with his ideas to bring down oil prices. It is impossible to say yet whether he will succeed in his plan, because it will also affect American oil producers, but technically such a possibility exists if the new American president comes to an agreement with OPEC.
In general, the Russian economy is not doing well anyway, and if Trump implements his plans, it could accelerate the onset of a serious crisis, says Vladimir Milov in a new economic report.
YouTube channel of Vladimir Milov: @Vladimir_Milov
Support Vlad's work:
Patreon: / milov
Crypto: http://milov.org/donate.htm /
Vladimir Milov on other social media:
Telegram: https://t.me/team_milov
Facebook: /milov.vladimir
Twitter: / v_milov
Instaghram: /milov_ru
English translation by PrivateerStation
Original video in Russian: https://youtu.be/LLz7SZsx0xQ
--------------------------------------------------
Privateer Station on Spreaker: https://www.spreaker.com/show/privateer-station-war-in-ukraine
PS on Rumble: https://rumble.com/c/c-1582435
PS on YouTube: https://www.youtube.com/c/privateerstation
PS on iHeartRadio: https://www.iheart.com/podcast/53-privateer-station-war-in-uk-101486106/
PS on Spotify: https://open.spotify.com/show/5iEdf0Jyw1Y3kN04k8rPib
PS on ApplePodcasts: https://podcasts.apple.com/us/podcast/privateer-station-war-in-ukraine/id1648603352
PS on Google Podcasts: https://podcasts.google.com/feed/aHR0cHM6Ly93d3cuc3ByZWFrZXIuY29tL3Nob3cvNTY0NzQzOS9lcGlzb2Rlcy9mZWVk
PS on PadcastAddict: https://podcastaddict.com/podcast/4079993
PS on PodChaser: https://www.podchaser.com/podcasts/privateer-station-war-in-ukrai-4860097
PS on Deezer: https://www.deezer.com/us/show/4546617
PS on Castbox: https://castbox.fm/channel/id5162050
If you like what we do and would like to support our channel, consider becoming a member:
https://www.youtube.com/channel/UCT3qCbfcPbnph7QS3CPBTMQ/join
Become a supporter of this podcast: https://www.spreaker.com/podcast/privateer-station-war-in-ukraine--5647439/support.
