Putin's Banks Have A $161 Billion DISASTER

Putin claims advances in Ukraine, although his negotiators reportedly brought maps to Abu Dhabi showing territory Moscow has not captured. Leaked military records identified more than 49,000 deserters or unauthorized absentees through December 2024. At least 27 regions have reduced recruitment bonuses or military family payments, straining efforts to replace departing soldiers. The Defense Ministry has proposed expanding military-police powers to find and detain soldiers who flee. China was supposed to help Putin bypass Western financial sanctions, yet its banks fear losing access to American markets. Russian companies face delayed or rejected payments, sometimes relying on intermediaries charging fees of 15 to 20 percent. Beijing's partnership with Moscow cannot guarantee Chinese banks will process those transactions. Switching from dollars to yuan has not persuaded Chinese banks to ignore American sanctions. Russia's banks continue reporting profits while analysts estimate $161 billion in troubled corporate loans, including $89 billion without adequate provisions or reliable collateral. Ukrainian strikes on refineries and the Ust-Luga oil port add repair and security costs as energy revenue falls. Oil and gas budget receipts declined 14.1 percent over January through October. Moscow needs those banks to finance businesses and buy government debt while it pays for the war. 👏 Become a Channel Member: https://www.youtube.com/channel/UC1txJ3q_-g_vhOeIwYOKEeQ/join ⚡⚡Connect with Jason for real-time analysis & verified updates: Substack: https://jasonjaysmart.substack.com Spotify: https://open.spotify.com/show/2ZHxXDQayENn4niHTzSbbH Tiktok: https://www.tiktok.com/@jasonjsmart X (Twitter): https://x.com/OfficeJJSmart Facebook Personal: https://Facebook.com/JasonJaySmart Facebook Professional: https://Facebook.com/OfficeJJSmart LinkedIn: https://Linkedin.com/in/JasonJaySmart Mastodon: https://defenseofliberty.social/@OfficeJJSmart BlueSky: https://bsky.app/profile/JJSmart.bsky.social Website: https://JasonJaySmart.com Dr. Jason Jay Smart, also known as Jason Smart and Jason J Smart, is a political adviser who has lived and worked in Ukraine, Moldova, Kyrgyzstan, Kazakhstan, Russia, and Latin America. In 2010, he was banned for life by the Kremlin for supporting Russia’s democratic opposition to Vladimir Putin. #russianarmy #russianeconomy #russiaukrainewar