Is Russia Actually Losing?
Patrick Boyle 35:28
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Russia's war economy is running out of road. Ukrainian drone strikes have knocked out roughly a third of Russia's oil refining capacity, forcing an energy superpower to ration petrol at home and import gasoline from India — while Crimea sits under a state of emergency with the air-raid sirens switched off so the tourists aren't disturbed. In this video we look at what the numbers actually say: a contracting economy despite record military spending, a National Wealth Fund down from 6.5% of GDP to 1.8%, a first-quarter budget deficit that blew through the entire year's target in ninety days, and a banking system quietly commandeered to keep the tank factories running. We look at how China has turned the "no limits" partnership into a very one-sided arrangement, why Europe's largest rearmament since the Cold War sent defence stocks down, whether Europe actually needs expensive American fighter jets or is simply paying tribute to Washington — and what the Russian endgame realistically looks like, according to a Russian billionaire who is not a dissident. Featuring the Kiel Institute's "Endgame" report, Tucker Carlson's demon, and the parade Vladimir Putin had to get Zelensky's permission to hold.
Most of the economic figures in this video came from the Kiel Institute paper - Endgame: Russia’s war economy hits its limits. https://www.kielinstitut.de/publications/news/endgame-russias-war-economy-hits-its-limits/
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Patreon: https://www.patreon.com/PatrickBoyleOnFinance
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Business Inquiries ➡️ sponsors@onfinance.org
Patrick Boyle On Finance Podcast:
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Russia's war economy is running out of road. Ukrainian drone strikes have knocked out roughly a third of Russia's oil refining capacity, forcing an energy superpower to ration petrol at home and import gasoline from India — while Crimea sits under a state of emergency with the air-raid sirens switched off so the tourists aren't disturbed. In this video we look at what the numbers actually say: a contracting economy despite record military spending, a National Wealth Fund down from 6.5% of GDP to 1.8%, a first-quarter budget deficit that blew through the entire year's target in ninety days, and a banking system quietly commandeered to keep the tank factories running. We look at how China has turned the "no limits" partnership into a very one-sided arrangement, why Europe's largest rearmament since the Cold War sent defence stocks down, whether Europe actually needs expensive American fighter jets or is simply paying tribute to Washington — and what the Russian endgame realistically looks like, according to a Russian billionaire who is not a dissident. Featuring the Kiel Institute's "Endgame" report, Tucker Carlson's demon, and the parade Vladimir Putin had to get Zelensky's permission to hold.
Most of the economic figures in this video came from the Kiel Institute paper - Endgame: Russia’s war economy hits its limits. https://www.kielinstitut.de/publications/news/endgame-russias-war-economy-hits-its-limits/
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC
Ways To Support The Channel
Patreon: https://www.patreon.com/PatrickBoyleOnFinance
Buy Me a Coffee: https://www.buymeacoffee.com/patrickboyle
Visit our website: https://www.onfinance.org
Follow Patrick on Twitter Here: https://bsky.app/profile/pboyle.bsky.social
Business Inquiries ➡️ sponsors@onfinance.org
Patrick Boyle On Finance Podcast:
Spotify: https://open.spotify.com/show/7uhrWlDvxzy9hLoW0EYf0b
Apple: https://podcasts.apple.com/us/podcast/patrick-boyle-on-finance/id1547740313
Google Podcasts: https://tinyurl.com/62862nve
Join this channel to support making this content:
https://www.youtube.com/channel/UCASM0cgfkJxQ1ICmRilfHLw/join
Category (YouTube): Education
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