I can’t believe Putin would lie.

Russia claims their economy grew 4.3% in 2024, but only accounting for 9% inflation when real inflation is closer to 20%.
So deducting 11% results in almost 7% Decrease in GDP. But that’s not all, considering the increased war budgets is eating up 5-10% more in 2024, the decrease in the economy that sustain it all is probably more like 15%.
And this year is way worse, with declining oil prices which is by far the biggest contributor to the Russian economy, the income for the national budget is dropping like a rock, while expenses are exploding.

Russia has been reporting a budget deficit of 2% of GDP every year.

Yes but we know that Russia is using every trick in the book to cover up the deficits.
For example the weapons industry sell to the government at below production cost! Yes you read that right. Traditionally in Russia that deficit is covered by profitable exports. But since exports have stopped, this deficit is covered by the banks instead, forced by the government of course.
So now both the weapons industry and the banks are working on the brink of collapse. On top of that Putin demands to pull ressources from oil and gas too beyond their profits. Putin is pulling in ressources from everywhere he can, patching holes like it’s a patchwork.
Industries are stretched beyond safe capacities, and maintenance and repair in every sector is at a minimum, already causing accidents because things are deteriorating.

So it’s only a matter of time, but at some point one part will collapse, and when it does, it will take the rest along with it.
The Russian economy is already so much in ruins, so even if the war ends today, and sanctions are lifted, it will take decades to restore. Putin is going down, and he is taking the ship with him. Kind of fitting as a reverse Russian thing.

Of course the russian economy is shit. And the MAGA economy is next.