Just another puff piece to try to prolong the slaughter of young Slavs. China and India will continue to buy and pre-buy an amount of energy and energy futures at the right price, so Russia is more than capable of mitigating any systemic risk in its financial services sector.
https://navigatingrussia.substack.com/p/russias-hidden-war-debt
Really interesting analysis that has been overlooked. tl;dr: someone carefully looked through corporate records, and found that hundreds of billions of dollars of sketchy loans have been given to Russian defense contractors that probably can't pay them back. These aren't voluntary loans: the Russian government passed a law in 2022 forcing banks to loan money at low rates to defense contractors.
Previously it's been generally thought that about 15% of Russia's true GDP is being spent on the invasion. Taking forced loans into account, it's quite possible the real number is double that.
Yet more evidence that "ordinary Russians" are ultimately responsible for the invasion. You simply can't have this much % of GDP involved in a war without every working Russian making a significant contribution.
Western countries donating weapons to Ukraine should allow them to be used on any military or economic target in Ukraine. Destruction of the Russian electricity grid would be a good priority along with oil and gas.
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