@echoman.bsky.social
Reposted
Great thread. Milov is no slouch. I had beers with him in March in Vilnius, and he was bearish on the Russian economy then, when things looked hottest. I think he's being proven quite right.
With Russia's budget deficit at 3.3 trillion rubles, 21% key interest rate and 2-3 million job vacancies, Russia has to choose between hyperinflation or an economic freeze, says Vladimir Milov, former Deputy Minister of Energy in an interview with Frontelligence Insight
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🧵Thread:
December 3, 2024 at 10:32 PM
Great thread. Milov is no slouch. I had beers with him in March in Vilnius, and he was bearish on the Russian economy then, when things looked hottest. I think he's being proven quite right.