Russia's Banking System on Brink of Collapse - Jason Jay Smart
Russias economy is bleeding out in 2025: Bloomberg just exposed the truth Putins bankers tried to bury: Russia is within 12 months of a systemic banking crisis that could cause cascading failures across Russia's economy,
💥 Key facts:
Trillions in hidden bad loans
Credit card defaults up 70% in just four months. About 12% of all Russian credit card holders have defaulted.
13 major Russian companies bankrupt
Central Bank's key interest rates stuck at 20%
This is not just a recession. This is the Russia economic collapse 2025a crisis that could shatter the Kremlin itself.
Even Putin now admits the danger, Some specialists point to the risks of stagnation and even recession," something which he says that "we must not let happen." But the dictator does not seem to realize that market forces do not care what he demands - his own decisions have driven Russia's economy into the ditch.
Meanwhile, Russias oil revenue decline has left a budget hole no war spending can fill. With sanctions impact biting harder every month, Moscow is running out of options.
If you care about Russia systemic banking crisis, the collapse of Putins economy, and the future of global stability, this is essential viewing.