Summary
Russian businesses are facing severe financial stress as the Central Bank of Russia’s interest rate hits 21%, with further hikes expected.
High borrowing costs, especially for companies with floating-rate loans, have pushed many towards a debt crisis, with interest payments consuming up to 75% of earnings.
Rising corporate bankruptcies, late payments, and stalled investments signal deepening economic distress. Key industries, including retail, real estate, and manufacturing, are especially vulnerable.
The situation is expected to worsen as the economy cools and interest rates remain high, potentially triggering a financial crisis.
If only there was some sort of stopping a 2 year long failed invasion based plan that could resolve this.
Even that wouldn’t resolve it now. All it would do is stop it from getting even worse. It is way to late to resolve it.