UKRAINIAN GLORY

Snow’s Prediction of the Russian Federation’s Imminent Economic Collapse.

by | Oct 18, 2024 | Spiritual Justice Warriors, updates

1000 Ruble note, Russian Federation, courtesy of Wikimedia Commons, public domain

Chris Snow at Medium predicts the Russian Federations imminent economic collapse.  Excerpt:

The collapse of the Russian economy is accelerating, defense spending is increasing to 40 percent in 2025, barter trade, the collapsing ruble, and Russian bond markets collapsing by 40 percent paint a devastating picture.

Trading lentils and chickpeas with Pakistan for potatoes and tangerines indicates that the Russian government is in full desperation mode as secondary sanctions bite.

Summary and Conclusion

This poverty driven and crushing defeat by 2026 will not come with a bang, it will come with a whimper.

Russian interest rates are back on emergency levels. Russia fails to place enough bonds. Foreign and domestic investors lose all hope in the Russian market.

Without these bonds, Russia will run out of cash. Their bankruptcy will come gradually, and then all of a sudden.

The chance risk assessment does not add up, not even with 19 percent bond yields. Russia would need to pay back an absurdly high amount of money. The alarm bells are ringing.

There is no use to place a bond when Russia cannot pay you back.

The reintroduction of a Soviet barter system suggests a Russian payment collapse. Russia throws the living room furniture into a furnace but their lies incur a debt to the truth. That debt must be repaid in full.

“Russia is paying itself by using its reserves. The fundamentals speak a clear message. Their inflation, interest rates, and deficit spending are far above the target rate.” Joe Blogs

Russian producer prices have seen double digit increases in the past 12 months. The unsustainable war economy brings short term prosperity and long-term ruin. Russia is bluffing. I suggest to finally call their bluff.

 

Glory to Ukraine!

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