| | | Darn the bad news, PooTin cucks!
Russia's budget deficit hits $61 billion, already surpassing annual target by 30% (Kyiv Independent)
RuZZia projected the 2025 deficit to be $47.6B USD, but they've already surpassed that estimate in July.
Note that $61B USD isn't some revised estimate for what the 2025 deficit is going to be. Instead, it's the actual deficit for the YTD (that's Year To Date, for all you MAGA types).
At this rate, RuZZia's budget deficit for 2025 will be $104.6B, which is more than double what they projected. But I predict it will be even higher than that for two reasons:
1) RuZZia almost always postpones a lot of expenses for the year until December, so December shows an even bigger monthly deficit than any of the other months.
2) RuZZian oil revenues will continue to be impacted both by relatively low oil prices and by Trump's "secondary tariffs," which will at the very least cause disruptions at a time when RuZZia can least afford it.
In short, RuZZia is burning through their savings at an even faster rate than before. I predicted that 2026 will finally be the year when RuZZia runs out and resorts to printing rubles, and thus far, this prediction is holding.
Unless, of course, Trump gives PooTin a huge bailout ...
Tenchusatsu |
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