Inflation is soaring, businesses are collapsing, and the ruble is tumbling. Is Russia’s war-driven economy heading for disaster? Watch now to uncover the hidden truths.
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00:00Russia's economy is on a knife's edge, inflation is surging, borrowing costs are
00:04skyrocketing, and bankruptcies are piling up, sparking a cascade of challenges that
00:09threaten its war-fueled financial stability.
00:13Since the invasion of Ukraine in 2022, President Putin has downplayed the impact of Western
00:18sanctions.
00:19But as we approach 2025, the cracks in Russia's economic armor are impossible to ignore.
00:25In November, inflation hit nearly 9%, forcing the central bank to hike interest rates to
00:31a staggering 21%, the highest in two decades.
00:35Yet, the effects are devastating.
00:38Essentials like butter have seen prices jump by over 30%, leading to increased supermarket
00:43thefts.
00:44The war isn't just costing money, it's costing people.
00:48Labor shortages, fueled by military conscription and migration rules, have left Russia short
00:53by about 1 million workers.
00:55This drives wages—and prices—even higher.
00:59Small and medium businesses are bearing the brunt, with borrowing costs at 25-30% crippling
01:05investments.
01:06Even major firms like Russian Railways are slashing spending by 40%.
01:11Despite Putin's insistence that the economy is strong, forecasts predict growth to plummet
01:16to below 1.5% next year, down from 3.5% in 2024.
01:22The ruble's recent tumble only adds to the uncertainty.
01:26As military spending soars and economic pressures mount, Russia's war machine faces a daunting
01:32question.
01:33How long can it keep running before the economy stalls?