Saturday, 5 April 2025

Russian meltdown

Putin's Russia on the way down

Russian economy meltdown as billionaires flee Moscow taking £85bn with them

The Russian oligarchs voted with their feet, and got the hell out of Russia.  And money talks big time in Russia.  Getting goal which off out of prison, before Yeltsin took over.

It must be remembered that Vladimir Putin is himself a billionaire political leader.  There with the crash of the Russian currency 13 has lost a lot of money.

And now 85,000,000 has left to the oligarchs fleeing Russia.  Theory that the Russian economy is headed towards bankruptcy.  And heard of for a modern economy.

In 2023, Russia's economy had a nominal GDP of approximately $2.021 trillion and a GDP per capita of around $14,054.62 USD. 

So the loss of 85 billion, will not really be noticed!  Except if it was from strategic areas in the economy.

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