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Lots of talk that 2026 is the year for real economic trouble in Russia.

https://www.washingtonpost.com/world/2025/12/22/russia-war-economy-ukraine/

https://archive.is/IGy2l

Russia’s economy keeps driving its war, but it could break in 2026

A woman walks out of an office of Russia’s largest bank, Sberbank, in Moscow on Dec. 5. (Ramil Sitdikov/Reuters)

Even based on the official data, one Kremlin-linked think tank, the Center for Macroeconomic Analysis and Short-Term Forecasting, said this month that Russia could face a systemic banking crisis by October if problem loans continue to rise and depositors start withdrawing funds en masse.

Russia had also heavily relied on taxing its biggest energy giants to help fund its war machine. But this month, Putin extended tax breaks to Russia’s two biggest energy majors, Gazprom, the state gas monopoly, and Rosneft, the Kremlin oil champion, which have both faced growing financial pressures.Ask The Post AIDive deeper

Once the cash cow of the Russian economy, Gazprom racked up a net loss of $12.9 billion last year, according to Russian accounting standards, the result of losing its main market in Europe since the beginning of the war. It has burned through its cash reserves, which in early 2022 stood at $27 billion and now total only $6 billion to $8 billion, while it also appears to have added more than $20 billion in additional debt.

The Russian oil industry is also facing a growing crunch. Even before the new blocking sanctions were imposed, Rosneft reported a 70 percent drop in its net profit to $3.6 billion for the first three quarters of this year compared with the previous year as oil prices fall. Across the oil sector, a combination of ever tougher sanctions cutting off much needed equipment and limiting options for selling crude is forcing many companies to focus only on extracting oil from the most accessible wells — and could force them to shut down others.

“There are only so many buyers with an appetite for sanctioned oil,” Kennedy explained. “When you do the numbers, it looks like somewhere between 1.6 million and 2.8 million barrels per day will get stranded without firm demand. At the moment, a lot of unsold oil is being stored on the water in tankers.”

Wider woes

Russia’s economic troubles are starting to seep through to the wider population. Consumers have started tightening their belts, according to a recent report by Russian state bank Sberbank, cutting spending on clothing by 8.7 percent at the beginning of December compared with the previous year, on household goods by 8.8 percent and on health and beauty by 5.9 percent.

High interest rates and lower revenue have left companies in crisis across the country — and many pass their problems onto workers, either by furloughing staff, cutting their work hours or simply failing to pay their wages.

In Nizhny Tagil, dozens of shift workers clad in orange hard hats at Novoleks copper mining and processing plant recorded a video this month complaining that they had not been paid in two months. Izvestia newspaper reported dozens of similar cases involving at least 34 companies.

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People rest at a Christmas fair in Moscow on Dec. 3. (Alexander Zemlianichenko/AP)

According to Russia’s statistical agency, Rosstat, in October the total of unpaid wages had almost tripled year-on-year, reaching more than $27 million, with more than 26,000 complaints to Russia’s labor agency this year.

Last month, 300 workers building a nuclear reactor in the Ulyanovsk region went on strike, complaining they had not been paid for two months.

“There’s absolutely no way for people to pay their loans anymore. A lot of debt has piled up,” said a worker spokesman standing with dozens of others in a video message to Alexander Bastrykin, head of the Russian Investigative Committee. “The living conditions at the site where we work are also terrible. The toilets are overflowing and not being emptied.”

Russia’s Kuzbass coal mining region is one of the hardest hit, where 18 of the region’s 151 coal companies have ceased operations and another 30 are in critical condition, according to regional governor Ilya Seredyuk. Likewise, Russia’s metallurgy sector is in decline, despite high demand from military production plants.

Despite the growing difficulties facing the population, few in Moscow’s elite expect the economic woes to translate into social unrest, or that it will make any difference to Putin’s calculus.

“The growth of economic problems won’t lead to social or political problems. But next year will be the first difficult year of the military operation,” said a Russian academic close to senior diplomats.

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  • AUS-97HORN
    AUS-97HORN

    For the love of Christ woman,  stop posting the same fucking thing every 20 mins just to make your neurotic self feel better.     Bring something useful to the thread other than your inane babbli

  • Im_smarter_then_you
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  • InkaUtexas
    InkaUtexas

    I volunteered today. Log/Admin role to replace people for 30-60 days. The operation is in the west, or should the Orcs win will be pulled back behind the NATO wall. Either way the humanitarian effort

Posted Images

59 minutes ago, HuttNuts said:

G9RUuS5XcAA5n9s.jpeg

This is going to end badly isn’t it…. I think we might get another yelling at when Zelensky won’t accept Putin, I mean Trumps terms.

22 minutes ago, Hook1997 said:

This is going to end badly isn’t it…. I think we might get another yelling at when Zelensky won’t accept Putin, I mean Trumps terms.

anyone know what time they open up for the press?

Not sure why it won't embed, but Trump has some positive things to say about Zelenzky. What's not so encouraging is that Putin gets to bookend the meeting. Hopefully there will be a European followup as well.

https://x.com/OstapYarysh/status/2005351234413211766?s=20

Trump: This gentleman (Zelenskyy) has worked very hard, he's very brave, and his people are very brave. Very rarely has a nation ever had to go through this. We're gonna have a very good meeting today, I think. And I'm also calling President Putin back after the meeting, and we'll continue the negotiation

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