Russia's Economy Is Eating Itself Alive! Russia is Closed for Business! - Silicon Curtain

[TexasTowelie]

Silicon Bites Ep292 | 2026-02-23 | Russia is closed for business — the war economy that is devouring its own future. Russian opposition economist Vladimir Milov says Russia’s economy now runs on one fuel: state war spending. Businesses can’t invest, workers are disappearing, interest rates crush enterprise — and the Kremlin doesn’t seem to care. The result? A country technically functioning, but economically shutting down, abandoning the core tenets of a market economy, and shedding all vestiges of economic rationality. Russia hasn’t been sanctioned into isolation and oblivion. It’s reorganizing itself into a permanent wartime command economy – destroying all the economic progress of the 1990s.

[gab13by13]

1. Russia's economy is so bad,

that Putin stopped putting out 115 statistical categories beginning in 2026.

Putin's way to alleviate his horrible economy is to hide how bad it is. 1/3 of Russians have trouble providing food for their families, that was before Putin killed the statistics.

No stats for cost of dead soldiers, or how many soldiers.
No stats for wages, unemployment, number of people in prison.

Russia has become North Korea 2.0.

[yaesu]

2. Just read that russia is selling more oil now than before their illegal invasion of Ukraine. The embargos don't work and

never will. What is needed is NATO Air and land forces and stop being afraid of putins paper tiger regime.

[TexasTowelie]

3. Correct on one of your points -- Russia is selling a greater volume of oil than before the invasion, about 6%.

However, it does not reflect that Russia is collecting less revenue for that oil, so the conclusion that the embargoes don't work is incorrect.

China is quite willing to purchase discounted oil, particularly any that can't be traced through the shadow fleet.

[gab13by13]

4. Maybe Putin will give Krasnov the OK to invade Iran

that should get the price of oil up.

[CanonRay]

5. A lot of their "sold" oil is sitting on ships at sea, in search of buyers.

Oil revenues are down drastically.