this post was submitted on 28 Jan 2025
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Russia faces surge in corporate bankruptcies, experts close to the Kremlin say (www.themoscowtimes.com)
submitted 1 month ago by [email protected] to c/[email protected]
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cross-posted from: https://beehaw.org/post/18216216

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Russia’s economy is facing a potential surge in corporate bankruptcies, the Vedomosti business daily reported, citing experts from the Center for Macroeconomic Analysis and Short-Term Forecasting (CMASF). The CMASF is a government-aligned think tank that is headed by the brother of Defense Minister Andrei Belousov.

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[–] [email protected] 5 points 1 month ago* (last edited 1 month ago)

Yeah, but that was dependent on the vaguery of dozens of political processes.

Russia is expending way more resources than they produce. We don't know when they'll run out of metaphorical furniture to burn for heat, but we know that it will be sometime. No politics needed, just cold hard material reality.