To be clear it is not hold in $, but in RMB, gold and rubel. Before the war in held $174billion, so a massive decrease.

  • tal@lemmy.today
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    4 months ago

    So I don’t know enough about how sustainable the thing is to evaluate this myself, but there’s some woman whose name I can’t remember, but who has shown up on a number of interview panels with Michael Kofman (who is usually doing the hard power side of things) and Dara Massicot. She specializes in the economic and political-economic side of things in Russia, and every time she’s come up, she’s said more-or-less that at the level of burn that Russia’s doing, it’s sustainable. Doesn’t mean that it’s a good idea for Russia to do so, but that Russia’s not going to explode economically as long as the desire to keep doing what they’re doing is there; that’s not a bottleneck as things stand.

    Let me see if I can find her name.

    kagis

    Alexandra Prokopenko at the Carnegie Russia Eurasia Center.

    https://carnegieendowment.org/people/alexandra-prokopenko?lang=en&center=russia-eurasia

    Alexandra Prokopenko is a fellow at the Carnegie Russia Eurasia Center. She is a visiting fellow at the Center for Order and Governance in Eastern Europe, Russia, and Central Asia at the German Council on Foreign Relations (DGAP).

    In her research, she focuses on Russian government policymaking on economic and financial issues.

    From 2017 until early 2022 Alexandra worked at the Central Bank of Russia and at the Higher School of Economics (HSE) in Moscow. She is a former columnist for Vedomosti. She is a graduate of Moscow State University and holds an MA in Sociology from the University of Manchester.

    Let me see if I can go find something somewhat-recent where she’s talking about it.

    EDIT: Yeah, here’s a 2-month-old video with a DW interview, “How Long Can Putin Afford to Wage War in Ukraine?”. Haven’t seen this one. Lemme watch through it, put a summary up.