The Russian economy is close to collapse

rupol2000

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Aug 22, 2021
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There is galloping inflation. On September 15, 2023, Central Bank decided to increase the key rate by 100 bp, to 13.00% per annum

This was the second increase in a month, but that didnā€™t help either. The ruble is again rapidly depreciating, approaching the psychological mark.

In the Russian Federation there are no resources for the production of weapons, Putin asks for help from North Korea - essentially an insignificant country. This demonstrates complete powerlessness. There are huge losses at the front; the S300, worth $1.5 billion, was again destroyed in Crimea.

The situation is aggravated by problems with banks. The Mir payment system, adopted by large Russian banks, is constantly malfunctioning, interbank transactions are difficult, and several large banks are again under sanctions.
Probably soon everyone will be buying up currency and demanding the abandonment of the MIR payment system. Putin asks not to be disconnected from the SWIFT system, this means that the national system will not work.
 
There is galloping inflation. On September 15, 2023, Central Bank decided to increase the key rate by 100 bp, to 13.00% per annum
Sounds just like Bidenomics.

Putin asks for help from North Korea - essentially an insignificant country. This demonstrates complete powerlessness. There are huge losses at the front; the S300, worth $1.5 billion, was again destroyed in Crimea.
Sounds just like Bidenomics.

The situation is aggravated by problems with banks.
Sounds like Bidenomics.

is constantly malfunctioning, interbank transactions are difficult, and several large banks are again under sanctions.
Sounds a lot like Bidenomics.
 
So does Putin threaten to go nuclear and if that gets no results does he actually launch his article and then his strategic nuclear weapons?

To me much depends on how same Putin is. Nuclear weapons in the hands of a man who has mental issues is a bad combination.

Unfortunately our own President may not be all that sharp as he appears to be rapidly aging. He may be the wrong President at the wrong time to handle the threat of a serious all out nuclear war,


snip

In a mere 109-word paragraph tucked away in an autobiographical collection of interviews published in 2000, just as he ascended to power in Russia, Vladimir Putin tells a nightmarish tale: Once, when he and his friends were chasing rats with sticks in the dilapidated apartment building in St. Petersburg where he grew up, a ā€œhuge ratā€ heā€™d cornered suddenly ā€œlashed around and threw itself atā€ him, chasing the ā€œsurprised and frightenedā€ Putin to his door before he slammed it shut in the rodentā€™s face. For Putin, itā€™s a parable: ā€œI got a quick and lasting lesson in the meaning of the word cornered.ā€

 
There is galloping inflation. On September 15, 2023, Central Bank decided to increase the key rate by 100 bp, to 13.00% per annum

This was the second increase in a month, but that didnā€™t help either. The ruble is again rapidly depreciating, approaching the psychological mark.

In the Russian Federation there are no resources for the production of weapons, Putin asks for help from North Korea - essentially an insignificant country. This demonstrates complete powerlessness. There are huge losses at the front; the S300, worth $1.5 billion, was again destroyed in Crimea.

The situation is aggravated by problems with banks. The Mir payment system, adopted by large Russian banks, is constantly malfunctioning, interbank transactions are difficult, and several large banks are again under sanctions.
Probably soon everyone will be buying up currency and demanding the abandonment of the MIR payment system. Putin asks not to be disconnected from the SWIFT system, this means that the national system will not work.
Again
I think that's been announced for the 8th time in the last two years
 
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So does Putin threaten to go nuclear and if that gets no results does he actually launch his article and then his strategic nuclear weapons?

This is a bluff. He is playing for time in the hope of resolving the issue diplomatically.
 
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snip

In a mere 109-word paragraph tucked away in an autobiographical collection of interviews published in 2000, just as he ascended to power in Russia, Vladimir Putin tells a nightmarish tale: Once, when he and his friends were chasing rats with sticks in the dilapidated apartment building in St. Petersburg where he grew up, a ā€œhuge ratā€ heā€™d cornered suddenly ā€œlashed around and threw itself atā€ him, chasing the ā€œsurprised and frightenedā€ Putin to his door before he slammed it shut in the rodentā€™s face. For Putin, itā€™s a parable: ā€œI got a quick and lasting lesson in the meaning of the word cornered.ā€
Putin's position now is similar. Ukrainians suddenly remembered that they donā€™t have to hide in corners and fight according to Putinā€™s scenario, they can attack and fire long-range projectiles.
The question now is whether this time he will be able to find this door behind which he can hide. His friend Prigozhin did not succeed.
 
WWI led to the Russian Revolution in 1917
The invasion and occupation of Afghanistan led to the collapse of the USSR in 1990

How long can Russia sustain their occupation of Ukraine before their economy collapses?
 

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