Elvira Nabiullina, the Governor of the Central Bank of Russia, has raised serious concerns regarding the dire state of the country's economy, indicating that significant problems may arise in the next three to four months. Her warnings have been corroborated by leaked phone conversations obtained by Ukrainian intelligence, in which she reportedly shared bleak forecasts about the stability of Russia's financial system in the near future. These revelations paint a troubling picture of economic distress that might come to a head shortly.

In interviews, Ukrainian economist Ivan Us commented on Nabiullina's use of 'indecent language' when discussing Russian President Vladimir Putin, suggesting that high-ranking officials in Russia privately express critical views about him and the impact of his actions on the economy. This commentary reflects a growing concern among Russian bureaucrats regarding their leader's decision-making at a time when the country’s economic stability appears perilous, further underscoring the gravity of the situation.

Us believes that the Kremlin is aware of the looming financial crisis, pointing towards troubling signals that suggest a recognition of the inevitable economic downturn. This acknowledgment of a substantial crisis could lead to significant changes in policy or leadership dynamics within Russia as officials grapple with the potential fallout of financial instability. The situation presents not only immediate economic concerns for Russia but also broader geopolitical implications as the nation navigates through this challenging period.