A little over three weeks ago, we flashed the warning light on the Russian coal industry, outlining that the drop in production combined with the inability to export and an increasingly catastrophic countrywide credit situation would lead to mass layoffs.
Less than a week after one of Russia’s lead missile designers is killed in Moscow, Senior General Igor Kirillov, head of Russia’s Nuclear, Biological, and Chemical Protection Troops, has also been assassinated, the highest level Russian official to yet be killed since the beginning of the war.
Another of Putin’s henchman assassinated in Moscow Read Post »
In yet another symptom of Russia’s deepening economic crisis, food price inflation has surged to an alarming 48.8% in just six months, according to latest government data. This unprecedented spike is pushing millions into food insecurity while forcing government to adopt drastic measures.
Russia’s Food Price Inflation Soars to Staggering 48.8% in Six Months Read Post »
In another humiliating catastrophe for the Putin regime, the once-bustling Belokamenka oil & gas project, the largest construction site in Russia has gone dark, symbolizing the nation’s waning industrial might amid intensifying economic pressures, war, and international sanctions.
Only 24 hours after Trump states intent to cut off Ukraine’s already incredibly limited ability to strike Russian territory, Putin gets the message that there will be no consequences, unleashing the largest missile attack of the war onto the people of Ukraine.
Putin launches largest missile attack of the war after Trump gives greenlight Read Post »
As awesome as most Russian neighborhoods are, very few are willing to take out mortages at 100% interest.
Russian Banks raise mortgage rates to 100% amid market Turmoil Read Post »
In what appears to be a calculated but catastrophic gamble, Russia’s Central Bank this week plans to jack up its key interest rate from today’s already crushing 21% to a further punishing 25%, sparking fears of impending economic collapse. Normally towing the party line, even the Putin regime’s Pro-Kremlin economists are now warning that the move could unleash a tidal wave of corporate bankruptcies, threatening the survival of entire sectors of the Russian economy.
Russia’s aircraft industry enters state of collapse, missing 2024 target by -95%
Russian aviation industry collapses, producing only 7 aircraft in two years out of 108 planned.
Russia’s aircraft industry enters state of collapse, missing 2024 target by -95% Read Post »
