Russia’s Power System Is Turning on Itself

The Russian Federation is currently undergoing a systemic transformation that effectively ends the era of post-Soviet oligarchy and introduces a new model of state-directed asset liquidation. Facing critical liquidity shortages and the exhaustion of sovereign wealth funds, the Federal Security Service (FSB) has initiated a hostile takeover of the nation's most profitable commercial sectors. This is not random political violence; it is a calculated "receivership" of the entire economy, where the security apparatus is seizing direct control of energy export terminals, maritime logistics, and banking infrastructure to secure hard currency flows.

This internal redistribution of capital signals that the Kremlin is prioritizing immediate regime survival over long-term market stability. By dismantling the private wealth of the business elite through forced transfers and a wave of suspicious "executive fatalities," the state is cannibalizing its own tax base. For global energy markets and international investors, this shift represents a catastrophic elevation in sovereign risk. The freezing of exit routes for high-net-worth individuals and the seizure of corporate assets indicate that Russia has ceased to function as a market economy and has devolved into a command system focused solely on resource extraction for military funding.

The implications extend far beyond Moscow. As the shadow fleet and export mechanisms fall under direct security service control, the predictability of global oil and gas supply chains will further deteriorate. We are witnessing the final closure of the Russian market to the global financial system, a move that traps domestic capital in a closing cage and accelerates the timeline for a potential systemic collapse similar to the 1998 financial crisis, but with far more violent internal dynamics.

CHAPTERS:
00:00 - Intro: Kremlin Panic as the War Hits Moscow
02:11 - Russian Purge: Why Putin's Elites Are Dying
04:24 - Russia's Decline: A Return to 90s Mafia Rule
05:21 - Putin's Revenge: Navalny & Assassinations in the US
07:51 - Putin's Secret: False Flags & The 1999 Bombings
09:37 - FSB Takeover: Seizing Russia's Oil Wealth
11:56 - Regime Collapse: The End of Putin's Stability
13:07 - Outro

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Dr. Jason Jay Smart, also known as Jason Smart and Jason J Smart, is a political adviser who has lived and worked in Ukraine, Moldova, Kyrgyzstan, Kazakhstan, Russia, and Latin America. In 2010, he was banned for life by the Kremlin for supporting Russia’s democratic opposition to Vladimir Putin.

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