You are viewing a single comment's thread from:

RE: LeoThread 2025-01-22 00:22

in LeoFinance18 days ago

Part 4/9:

High Interest Rates and Economic Decay

One tangible indicator of Russia's financial predicament is its outrageous interest rates, currently hovering around 21%. This level, among the highest recorded in recent times, serves as a reliable barometer for assessing economic health, providing insights into underlying issues largely hidden due to state control and propaganda.

Repeated money-printing to fund military endeavors has exacerbated the problem, leading to a collapse in the ruble's value. The economic reality is grim, and as the war marches on, the consequences of financial mismanagement will soon become evident to the general populace, possibly resulting in tragic outcomes for many families.