Russia Just Suffered the Ultimate Humiliation

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Russia's war against Ukraine has cost the Kremlin far more than they ever expected. Now, to make up for the funds, Russia is selling off state assets and confiscating their peoples' possessions. It's necessary because Russia is dramatically increasing their military budget, while they continue to fail to sell bonds at auction. Russia needs cash more than ever, but has few options to get it - and there may be little that Vladimir Putin can do. In this video I talk about the economic factors of the war in Ukraine and why the Russian economy is buckling under the strain of the war.

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