Russia economy meltdown as country’s central bank forced to defy Putin

3 comments

1. Next up like all dictators he will try to force lowering interest rates to nothing and ignore inflation completely

2. This article is ridiculous. If he wanted those interest rates lower, they would be lower. Maybe it suits him to put blame on the banks, but come on, let’s not repost Russia’s bullshit.

3. Last I read about this, the central bank wanted to raise rates more to try to combat their severe economic situation (essentially stagflation), but Putin forbid it and the bank just gave up. I forget the name of the woman who is head of their central bank.

   This, and the massive damage (men and equipment) to Russia’s military are the reasons the West must keep the pressure at maximum. Russia is slowly disintegrating on all fronts.

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