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by lesuorac 1075 days ago
Russia has enough foreign reserves [1] to fight for decades [2]. An unfortunate fact but if they're willing to fight until they run out of money its going to be a while.

[1]: https://www.statista.com/statistics/1188294/monthly-foreign-....

[2]: https://en.wikipedia.org/wiki/Federal_budget_of_Russia#2020-...

1 comments

600 billion in reserves, much of which they probably can't spend due to sanctions. 84 billion military budget. Sanctions have supposedly frozen about half of their reserves [0]. I expect the situation will continue to worsen for Russia though, in terms of revenues, expenditures, sanctions, and money going missing due to corruption.

0. https://www.reuters.com/article/ukraine-crisis-russia-reserv...