• cbarrick@lemmy.world
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    10 months ago

    Putin’s strapped for cash too.

    The ruble is in the toilet. All of the oligarchs’ foreign assets are frozen. The “two-week special military operation” in Ukraine has dragged on since 2022.

    • nilloc@discuss.tchncs.de
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      10 months ago

      Did the Swiss banks finally stop laundering money for them?

      Or have they been running the way war mostly with Chinese loans lately?

      • BakerBagel@midwest.social
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        10 months ago

        Putin has been using the Russian reserves as his personal piggy bank for decades. That worked fine when Russia was able to make money hand over fist selling oil to and gas to Europe, but now he has to use the Russian financial reserves to pay for the war

    • IphtashuFitz@lemmy.world
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      10 months ago

      Putin probably has billions of dollars squirreled away in banks all over the world. He’s been extorting oligarchs for huge kickbacks for decades now. If they don’t pay up they find themselves shipped to Siberia or thrown out a window.

    • downpunxx@kbin.social
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      10 months ago

      Vladimir Putin is the richest non Saudi Arabian on the planet, the Russian economy is shaky, but Putin is as flush with cash as they come. I don’t see him sending Trump 500 million though, with all the eyes on