Russia's Financial Collapse: The Data Putin Can't Hide Anymore - Jason Jay Smart [View all]

Is the Russian economy sustainable—or headed toward collapse?

The latest data paints a grim picture. Banks are drowning in bad loans. The National Wealth Fund is nearly depleted. Record military spending is overwhelming the federal budget. Oil revenues are plunging. And the Kremlin’s own statistics confirm the crisis.

What this video covers:
— Over $66 billion in non-performing loans across Russian banks (The Moscow Times, May 2025)
— Liquid assets in the National Wealth Fund down 74% since 2021 (Interfax, Business Insider)
— $130 billion in defense spending straining public finances (Business Insider)
— Budget deficit already exceeds full-year target by 2.3x (The Moscow Times)
— Interest rates locked at 21%, choking business lending (Reuters)
— Corporate debt surging amid forced loans to defense contractors (Kyiv Post)
— Oil trading far below forecasted price, costing Russia over 1 trillion rubles in revenue (Financial Times)
— Internal government reports show rising fears of defaults and capital controls (Reuters)
— Forecasts warn financial reserves could be gone by fall 2025 (Business Insider)

These figures come directly from Russian sources and international financial monitors.

No speculation. No guesswork. Just the numbers—and the warning signs they reveal.