Economist Igor Lipsits discusses what's really happening with money in Russia. Why are the authorities talking about "growth," while in the regions wages are being delayed and gasoline is disappearing?
In the new episode of "Special Opinion," Igor Lipsits, Doctor of Economics, examines the real state of the Russian economy—without the official reports of "stability" and "getting off the oil needle."
We discuss: the banking crisis, the budget deficit, 4 trillion rubles in debt servicing, tax pressure, the collapse of the real estate market, the gasoline crisis, military debt write-offs, and the role of China. The main question: how much longer can the economy feign stability when real money is running out?
Guest: Igor Lipsits, Doctor of Economics, Professor @IgorLipsits_1950
Host: Mark Nuzhdin.
00:00 "Don't trust the Russian government - they lie like they breathe"
05:30 Banking crisis: what Nabiullina isn't telling you
09:30 Nobody needs gas: China is switching to electric cars
12:30 Gas shortage: why fuel is being used for war
14:30 Salary delays across the country and public sector layoffs
17:00 Return to cash: 20% discounts on cash
19:00 Banks are short of cash
24:00 Kuzminov: the economist turned propagandist
33:00 Budget deficit and debt spiral
35:00 4 trillion rubles a year - just for debt servicing
39:30 Military debt write-off - who's paying for it
42:00 "The Flying Dutchman": an economy on fire
45:30 Monopolies and rising utility rates
49:00 Russia as an internal Province of China
53:30 Key Rate: Why Lowering It Won't Help
57:00 Sanctions, Lack of Investment, and "Imitation of Activity"
59:00 Conclusions: What's Next
#Lipsits #economy #SpecialOpinion #LookingForAWayOut #crisis #ruble #budget
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