An avalanche of bankruptcies is approaching in Russia.
Data from Rosstat shows that in September, the balanced financial result of Russian enterprises amounted to minus 728.4 billion rubles. The losses of unprofitable companies exceeded the earnings of profitable ones.
Череда корпоративных банкротств надвигается на российскую экономику на фоне рецессии и санкций Запада, которые начали приносить бизнесу убытки на сотни миллиардов рублей. По данным Росстата, в сентябре сальдированный финансовый результат российских предприятий составил минус 728,4 миллиарда рублей.
RT @Gerashchenko_en
This is Putin's Russia. This is the Russian world.
Will the people of Russia see it someday? Will they understand it?
Nothing to see here just the owner of Twitter lashing out some Antisemite stereotypes against a Jewish-American who happens to be a Purple Heart hero and an outspoken enemy of Trump and Putin.
And no, I doubt that this was an accidental mouth slip. #antisemitism
He's the richest man only because Telsa is a memestock.
Once people realize Tesla's value is high for the same basic reason FTX's was*, it'll normalize down to something a lot smaller.
* people put money in, and number go up; and because number go up, more people put more money in. All while paying lots of attention to the brand and the memes but without paying much attention to the fundamentals of the business
With an impoverished, post-war Russia flooded with brutal returning, still armed mercenaries and other blatnoi thug-trash, the early 1990s will seem like Andy of Mayberry.
Who's nominally in charge won't matter, it will be anarchic chaos.Dig the moat. 1/2
https://www.foreignaffairs.com/russian-federation/russias-road-economic-ruin?utm_medium=social
RT @BadBalticTakes
When not factchecking bad takes, we’re part of a volunteer network run by Estonian entrepreneur (& Pipedrive cofounder) @ragnars, which has sent about €2 million of supplies to Ukraine so far.
Here’s an overview of just the vehicles bought & delivered from private donations.
“⚡️ BREAKING: #Iran football team captain defies regime, backs protests: “We have to accept that conditions in our country are not right & our people are not happy. They should know that we are with them. And we support them. And we sympathize with them regarding the conditions.””