Uploaded July 2026 | Updated September 2026, 2 weeks ago
The Russian government is facing massive financial strain, having drained over $185 billion from the private sector and banks just to pay the interest on its loans. To put this in perspective, that interest is 1.5 times larger than Russia's total federal education budget. Because of this massive debt, the Kremlin has initiated "Plan B"—a systematic campaign to nationalize private businesses, seizing over $57 billion in private assets over the past couple of years.
The Russian government is facing massive financial strain, having drained over $185 billion from the private sector and banks just to pay the interest on its loans. To put this in perspective, that interest is 1.5 times larger than Russia's total federal education budget. Because of this massive debt, the Kremlin has initiated "Plan B"—a systematic campaign to nationalize private businesses, seizing over $57 billion in private assets over the past couple of years.
