Russia's Banks Are In Full Meltdown - Jason Jay Smart

[TexasTowelie]

For twenty years the Kremlin guaranteed an economic pact built on stability and subsidized energy but that agreement has liquidated. Russia has breached a critical financial threshold with petrol prices surpassing those in the United States. This is not a market fluctuation. It is the direct consequence of the state enforcing aggressive tax hikes to service a deficit-ridden military budget. Every consumer is funding a stealth levy that erodes purchasing power while masking the true fiscal impact of the invasion.

The financial shock extends beyond the pump. Ukraine’s strategic strikes against Russia’s shadow fleet have caused maritime insurance premiums to triple which obliterates the net profit margins of oil exports. Logistics firms are imposing war risk surcharges that siphon billions from state revenue before a single barrel trades. These unrecoverable costs turn the Black Sea into an economic dead zone that Moscow cannot bypass.

The domestic market is fracturing simultaneously. The Credit Bank of Moscow a central pillar of the energy trade reports a spike in loan defaults and critical losses in capital operations. Retail staples are locked behind anti-theft devices as consumer insolvency peaks and real wages plummet. Regional airspace shutdowns halt commercial transit and freeze cargo logistics which compounds the stress on corporations battling hyperinflation and supply chain paralysis. These indicators expose a macroeconomy facing imminent liquidity failure and a central authority losing its grip on fiscal governance.

CHAPTERS:
00:00 - Intro
01:07 - Historic Red Line: Russian Gas Price Exceeds US Price
02:27 - Ukraine's Drone War: Squeezing Russia's Shadow Fleet
04:25 - Soft Blockade: Drones Shut Down Russian Airports
05:28 - Moral Horror: Looting, Body Medals, and MIA Cover-Ups
06:57 - The MKB Crisis: Russia's Top Bank Faces $6 Billion Bad Debt
08:26 - Technological Irrelevance: Losing the AI Race to North Korea Model
12:36 - Outro

[Bayard]

1. Don't tell me Ukraine isn't winning this war

Putin making huge demands for any peace plan is ludicrous.