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Russia's budget cannot sustain the war

23 January, 2023 Monday
17:47

Putin's cronies count even worse than fight. None of them can imagine how 2023 will end.

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Führer's treasurers reported that the budget deficit for 2022 amounted to $48 billion. Putin expected no more than $19 billion. There are two reasons:

  • "non-war", which drove the growth of spending by a third;

  • sanctions that "do not affect anything".

"Shortage of brains leads to financial shortage. That is why Supreme Bunker Commander seeks to advance so quickly."

For 11 months, Russians boasted that revenues exceeded the expenses of the Treasury by $8 billion, but in December they failed to pretend to be optimistic. There are several reasons:

Europe finally introduced an oil embargo, and collective West - price ceiling on Russian oil. As a result, the average price for Russian Urals fell almost twice, to $47 per barrel.

From February 5, the new stage of shock therapy will begin for Russia - an embargo on oil products will begin to operate and will have an even more painful effect than the oil ban.

"Today, Russia's "oil" losses are expected to amount to $102 billion for 2023. This is a quarter of the entire Russian Federation budget."

Today, Russia's "oil" losses are expected to amount to $102 billion for 2023. This is a quarter of the entire Russian Federation budget.

One might think that this is what a crisis looks like. But - "no".  After some time, it will turn out that this was an optimistic forecast: after Führer's treasurers finally count the hole in the federal budget, they will see "live" losses on energy markets.

This is how a shortage of brains leads to financial shortage. That is why Supreme Bunker Commander seeks to advance so quickly. But he can step only on a rake. Once again...

 

Source

About the author: Orest Sohar, journalist, chief editor of Obozrevatel

Espreso TV does not always share the opinions expressed by the authors of the blogs.

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