Episode
Putin Is Mortgaging Russia’s Future to Pay for His War
- Published
- Jun 21, 2026
- Duration seconds
- 1219
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Summary
Russia is mortgaging its economic future to finance Putin's war as oil revenue weakens, two-thirds of its regions face budget deficits, subsidized mortgages disappear, agriculture is threatened by diesel costs, and fuel shortages spread through Moscow, St. Petersburg, and dozens of other regions. Ukrainian strikes have damaged major refineries and logistics routes, forcing Russia to export raw crude for cash, authorize lower-quality gasoline, consider rare fuel imports, and strengthen air defenses around Moscow while the Kremlin loosens budget controls and considers lower interest rates that could deepen inflation. The evidence does not mean Russia will collapse tomorrow, but it shows a worsening long-term prognosis as the state sacrifices infrastructure, public finances, strategic resources, and civilian living standards to sustain the war.Chapters00:00 Russia Is Mortgaging Its Future01:29 Russia's Oil Windfall Starts Disappearing03:35 Putin Exports Crude While Regional Deficits Soar04:07 Mortgages and Agriculture Face a Breaking Point05:38 Fuel Rationing Reaches Moscow and St. Petersburg06:53 Russia Offers Strategic Resources to India08:01 Bad Fuel and Central Bank Pressure09:50 Russia Removes Limits on War Spending11:03 Ukraine Turns Logistics Into an Economic Weapon12:34 Moscow's Refinery Becomes a Systemic Target14:28 Falling Production Creates Safety Risks15:55 Russia May Have to Import Gasoline16:41 Moscow Braces for More Ukrainian Strikes17:39 Satellite Images Show the Refinery Damage18:12 Why This Is Deterioration, Not Instant Collapse#ProfessorGerdes #Russia #Ukraine #RussianEconomy #PutinFacts over noise. Context over headlines. Truth over talking points.***** To support me as as I provide Ukraine war context: *****Patreon: https://www.patreon.com/ProfessorG…