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To: MtnClimber

They are no different than the EU. Both are instating a cashless system in two phases. Rollout Jan 2027, full cashless by 2029. Locking up all citizens wealth.

https://www.ecb.europa.eu/euro/digital_euro/html/index.en.html

They are broke, and disintegrating.....their Ukie war pushed them into default.


7 posted on 11/12/2025 7:22:54 AM PST by delta7
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To: delta7

“They are broke, and disintegrating.”

True.


Russia Is on a Slow Path to Bankruptcy, But How Slow?

Russia is faced with an insoluble equation: how to finance a war in the long term, for which expenditure is soaring while budget revenues are falling, against a backdrop of tightened sanctions. Between rising taxes, falling hydrocarbon revenues, inflation, and crises in employment and foreign investment, with a labor market short by 4.8 million workers (about 7 percent of the country’s labor force), and with the value of foreign assets in Russia dropping by almost 20 percent between December 2022 and March 2024, Russia has embarked on a risky gamble from which it will not emerge unscathed.

https://warontherocks.com/2024/09/russia-is-on-a-slow-path-to-bankruptcy-but-how-slow/


29 posted on 11/12/2025 11:28:44 AM PST by TexasGator (750 hp Florida Gnat)
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