Wait. Serious economic problems begin in Russia.
The Russian economy begins to feel the consequences of the war
In December, the budget deficit of Muscovy amounted to 3.9 trillion rubles. 2022 ended with a deficit of 3.3 trillion rubles.
That's $50 billion. And this is a lot.
For comparison, the National Wealth Fund, from which the Russian budget deficit is financed, is only 10.4 trillion rubles. Of these, the vast majority are gold and currencies under sanctions. Accordingly, Muscovy cannot sell them.
Liquid assets are Chinese yuan. There are 310 billion of them ($46.5 billion). Another such disastrous month as December 2022, and there will be nothing to cover the budget deficit with the NWF.
Maybe budget revenues will help? Not! The main revenues of the Russian budget are export duties on the sale of oil. At the start of the invasion, the export duty on oil was $61.2 per ton. Due to the fall in the price of Russian Urals oil, the export duty for February 2023 is $12.8 per ton.
Russian budget revenues from oil have fallen 5 times! And this is without taking into account the 22% drop in oil sales recorded in December.
Russia will collapse. We will win.
