Putin admits that the Russian economy is spiraling
In a rare moment of candor, Putin acknowledged that the Russian economy is under severe strain. Even “official” inflation data remains stuck above 10%, GDP growth is slowing sharply, and liquidity is vanishing from the system. At a recent economic meeting, the Kremlin admitted that bank lending is collapsing— business loans shrank by 680 billion rubles in Q1 2025, while personal loans dropped another 192 billion. Construction and infrastructure projects are being hit especially hard.
Putin admits that the Russian economy is spiraling Read Post »