russia bankruptcy risk: This European economist says Russia could go bankrupt and run out of liquid reserves by fall of 2025; here’s why
European economist Anders Åslund has expressed concerns that Russia could deplete its liquid financial reserves by the fall of 2025, potentially leading to a fiscal crisis. He notes that the National Wealth Fund’s liquid assets have significantly declined, from $117 billion in 2021 to approximately $31 billion by late 2024. At the current rate of…
