“YOUR PRETTY EMPIRE TOOK SO LONG TO BUILD, NOW, WITH A SNAP OF HISTORY’S FINGERS, DOWN IT GOES.” ― ALAN MOORE, V FOR VENDETTA

The Russian Ruble is now collapsing rapidly, it went below the price of a penny; 21 percent interest rates and a looming Stagflation are driving Russia towards an economic “multisystem organ failure.”

“Russia imports everything. Almost no manufacturing is done inside Russia. The prices in the shops will massively rise.” Konstantin, Russian economic expert.

Many key economic indicators suggest that the Russian economy is inching closer and closer towards bankruptcy. Today, we will dive into the findings of the monetary economist, Mark Biernart, of the Russian economist Konstantin, and of the economic analyst Joe Blogs.

I will also share my own expertise from the interrelated fields of history, business ethics, philosophy, and economics.

Russia is now facing a multitude of highly complex problems. One of them is their rapidly depleting National Wealth fund. The collapsing Ruble, sanctions, rapidly increasing inflation, absurdly high interest rates and enormous war related expenses have created a whole bunch of complex and impossibly difficult to solve problems for Russia.