Riding on the Edge: Russia’s Military and Economic Precipice

Christian Baghai
2 min readMar 12, 2024

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Let’s dive into the current state of Russia’s military and economic situation, based on the latest open-source intelligence and reports.

Military Might or Military Plight? Russia’s military, once feared for its vast arsenal and strategic prowess, seems to be hitting some serious snags. The reserves, the backbone of any prolonged military engagement, are reportedly thinning out. Verified casualties and losses paint a picture of an army stretched thin, with some units resorting to using golf carts and jeeps in place of the standard military vehicles. Even more concerning are reports of infantry fighting vehicles (IFVs) lacking essential armor protection and Russian aircraft experiencing increased incidents.

Economic Front — The Crumbling Fortress The economic front isn’t faring much better. The Russian National Wealth Fund, which is like a giant piggy bank for the nation’s wealth, isn’t infinite. It’s been taking hits and is projected to deplete significantly this year. This could spell disaster for the ruble, Russia’s currency, potentially leading to a collapse that would send shockwaves through the economy, shuttering factories and leaving the oligarchs with slim pickings.

What’s Next? As the military struggles with equipment and the economy braces for impact, the world watches closely. The situation is fluid, and the outcomes are uncertain. But one thing is clear: the stakes are high, and the consequences will ripple far beyond Russia’s borders.

So, there you have it — a snapshot of Russia’s current predicament. It’s a complex chess game where every move counts, and right now, it seems like they’re playing without a queen and a few pawns short. Stay tuned as the situation unfolds.

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Christian Baghai
Christian Baghai

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