The Valley Current®: Is Russia Facing Financial Ruin From Its War Against Ukraine?

*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]" dir="auto" data-turn-id= "request-WEB:4f832f83-2fef-40a7-953a-2dd05082488f-2" data-turn-id-container= "request-WEB:4f832f83-2fef-40a7-953a-2dd05082488f-2" data-testid= "conversation-turn-6" data-turn="assistant"> Can a nation win battles while quietly losing its financial future? In today's episode of The Valley Current®, host Jack Russo examines whether Russia's greatest wartime threat is no longer on the battlefield, but on its balance sheet. Beyond military spending, the analysis explores three mounting costs of war: soaring defense expenditures, lasting demographic losses, and an expanding wall of international legal judgments. A pivotal July 17, 2026 federal court ruling denying Russia's attempt to delay enforcement of a $5 billion Naftogaz judgment may signal that foreign assets are becoming increasingly vulnerable. Yet Russia also retains significant strengths, including energy revenues and relatively low sovereign debt. The battlefield may determine who wins the war, but the balance sheet may determine who pays for it.   Jack Russo Managing Partner [email protected] www.computerlaw.com https://www.linkedin.com/in/jackrusso "Every Entrepreneur Imagines a Better World"®️