1. I watch a number of podcast folks who cover the Russian economy. One brought up the state of Russian banks....which have been a lot in the news since late 2024.
It appears that for at least a year....Russian banks have been 'forced' to loan out money to munition-dealers and military-hardware companies. These loans carried a 20-percentage rate.
Well....as you might expect...the companies aren't being readily paid by the Russian gov't for their assets provided.
So....2025 is a dwindling situation.....the bank vaults are getting closer to a point where they would fail, and a 'bank-run' would occur. How the gov't might act then? I would assume they'd print Rubles like hell....with the inflation jumping week-by-week.
A financial disaster? It'd normally turn into a mess, and the World Bank would walk in and give them 'free-money' to rebuild their stability. But I kinda doubt that Trump and associates would agree to that.
How long did this banking expert give the Russian banks? He figured late-summer....the collapse would be obvious, and printing/inflation would follow by the end of 2025.
What happens in 2026? I'd say that financially....they will rate below Albania.
2. This idea of shipping certain US prison 'members' off to El Salvador?
I'm rather shocked that it's openly discussed now. But I can't see them shipping more than 300.....just to test the 'waters'.
3. I looked at CNN numbers this AM.....even worse since Christmas. Some folks say another round of terminations have to occur.
I think they are trying to cheapen the situation enough....that you end up with a sell-off.
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