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shavenferret on 20 June 2025
Update on Russia's National Wealth Fund: It's shrinking rapidly. In 2022, the nwf was valued at over 120.billion dollars but is around 30 billion dollars now that putin has had to keep withdrawing to fund the war. The article referenced says that it could run out next year. Once putin can't overspend the savings anymore, the economy will go into a deep recession. So the bad times for Russians are right around the corner, because Russia can't keep this up.
https://www.themoscowtimes.com/2025/06/09/russias-national-welfare-fund-at-risk-of-depletion-by-2026-economists-warn-a89395
