Russia's Struggling Economy: The Cost of War Revealed

putin is Now Facing the Same Financial Crisis That Defeated Hitler (video commentary)

10/07/2026

Neither I nor Augusta Precious Metals is a financial advisor, and this is not financial advice. If you’re considering precious metals, you should speak with your own financial or tax professional. This video contains a paid promotion for Augusta Precious Metals. I may receive compensation if you choose to work with them.

Russia’s war against Ukraine has cost the Kremlin far more than they ever expected. Now, Russia is dramatically increasing their military budget, at the same time that they have failed yet another bond 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, how Russia is hiding its military spending, and why the Russian economy is buckling under the strain of the war.