Monday, 24 February 2025

Russia in big problems

Russia going down

Russian economic meltdown as company bankruptcies explode and banks face bad loans crisis

The Russian economy is in freefall.  As nobody can afford to take foreign holidays or eat in restaurants.  And companies are finding economic conditions almost impossible!

The result of Putin deciding to invade Ukraine.  A war which is found to be over in six months.  Then the Russian president could turn his attention to the other Baltic states.

The fact that the independent democratically elected governments is are no interest to the autocrat Putin.  Who decided to invade Ukraine, are not leave murderers whim.

And the world is that most perilous state since the Cold War ended.  And the Russian sanctions are having an effect.

Russia's economy in 2025 is estimated to be around $2.196 trillion in nominal terms, and $7.130 trillion in purchasing power parity (PPP) terms. However, the economy is expected to slow down due to sanctions and other factors. 

That is a massive economy.  That global economy is since the 1930s have defended on international trade to remain in the black.  Without international trade economy is are an economic. Russian inflation at 9.8% and rising.

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