BlueAnorak
Well-Known Member
- Joined
- 31 Oct 2010
- Messages
- 30,268
Key interest rate at 21 percent , mortgages at 30 percent. The ****'s are going to completely collapse soon. Just need to keep Ukraine in the fight.
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Russia economy meltdown as bank profits plunge and mortgage rates near 30%
No sector of the Russian economy appears safe from the icy winds of the growing economic storm.www.express.co.uk
Whilst citing the Express isn’t the best strategic approach to advancing an argument, in what economic scenario are interest rates of 21% anything other than a complete fucking disaster?How long have people been saying this for? lol. Wasn’t Putin also meant to be dying of some disease a couple of years ago?
Where did I say it wasn’t a disaster? But this so-called economic collapse that would somehow end the war has been two weeks away for two years and has never come to fruition.Whilst citing the Express isn’t the best strategic approach to advancing an argument, in what economic scenario are interest rates of 21% anything other than a complete fucking disaster?
I’d be amazed if the Russian economy collapsed Zimbabwean-style, but this will have set them back decades.Where did I say it wasn’t a disaster? But this so-called economic collapse that would somehow end the war has been two weeks away for two years and has never come to fruition.
www.forbes.com
There economy will be fine mate , I hear they have put the existing budget in the expert hands of liz trussI’d be amazed if the Russian economy collapsed Zimbabwean-style, but this will have set them back decades.
In that sense the US policy has unquestionably worked. This has made their enemy weaker, militarily and economically, but not completely crippled them. This will have been a conscious decision on their part.
Even an inveterate Putin-hater like me has to acknowledge his departure from office, by whatever means, is not without considerable risk.