Ukrainian drone strikes are forcing massive flight cancellations across Russian airspace, stranding commercial aircraft and triggering multi-million-dollar airline losses. As international insurers pull coverage and foreign carriers pull back, business leaders are fleeing unreliable skies for railways, signaling a broader breakdown in domestic transport.
Beyond the travel chaos, relentless attacks on key logistics networks, warehouses, and fuel refineries are gutting state revenues and driving inflation. Sberbank is restructuring millions in debt for local businesses, while the Kremlin quietly liquidates gold reserves and delays contractor payments to mask a widening budget crisis.
With top Russian officials now admitting the economy has entered a "berserk" mode, Vladimir Putin faces an unsustainable structural trap. Siphoning capital into military output while civilian industries stall is exhausting state reserves, threatening the financial foundation supporting Moscow's war effort.
CHAPTERS:
00:00 - Intro: Putin's Hidden Economic Crisis
00:51 - Sky Chaos: Drones Ground Russian Airlines
02:09 - Lethal Skies: Russian Air Defense Threatens Airliners
03:59 - Tech Starvation: Kremlin Diverts Chips For War
05:57 - Shocking Admission: Putin Unprepared For Drone Strikes
07:38 - Empty Pumps: Ukrainian Strikes Drain Russian Fuel
08:38 - Gold Selloff: Kremlin Liquidates Reserves For Cash
10:18 - Berserk Economy: War Production Guts Russian Industry
12:13 - Terminal Trap: Putin Consumes Russia's Economic Future
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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.
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