[Goose]

Another series of interesting articles on the economic impact of the war on Russia.  I have no idea as to the validity of the conclusions but hope those more educated can comment.
1.https://united24media.com/war-in-ukraine/russias-war-chest-is-drying-up-how-sanctions-and-oil-prices-bite-into-the-national-wealth-fund-9599
2. https://www.wsj.com/world/russia/the-war...d-ff1658bd
3. https://www.newsweek.com/putin-russia-ec...ef-2092918

Interesting. Their National Wealth Fund has been depleted by 74% since the start of the war.

This is a "good news, bad news" situation. Sanctions have bitten deeply into the Russian government's finances, and even more importantly into their cash reserves. When the National Wealth Fund is exhausted they will have to borrow even more money to keep fighting, and lots of that money needs to "work" for foreign purchases. The bad news is that at the current rate that doesn't happen for 2.65 years. Seems improbable it will actually matter to the war in Ukraine.

[Goose]

Another series of interesting articles on the economic impact of the war on Russia.  I have no idea as to the validity of the conclusions but hope those more educated can comment.
1.https://united24media.com/war-in-ukraine/russias-war-chest-is-drying-up-how-sanctions-and-oil-prices-bite-into-the-national-wealth-fund-9599
2. https://www.wsj.com/world/russia/the-war...d-ff1658bd
3. https://www.newsweek.com/putin-russia-ec...ef-2092918

Interesting. Their National Wealth Fund has been depleted by 74% since the start of the war.

This is a "good news, bad news" situation. Sanctions have bitten deeply into the Russian government's finances, and even more importantly into their cash reserves. When the National Wealth Fund is exhausted they will have to borrow even more money to keep fighting, and lots of that money needs to "work" for foreign purchases. The bad news is that at the current rate that doesn't happen for 2.65 years. Seems improbable it will actually matter to the war in Ukraine.