#Russia #Putin #Oligarchs #EconomicCrisis #OlegDeripaska #CapitalFlight #Ruble #Sanctions
Knives are out at the Kremlin! Russia’s aluminium king Oleg Deripaska has turned on Putin, saying, ‘We’ve wasted everything foolishly.’ When the Central Bank raised interest rates to 21%, industry was brought to the brink of bankruptcy. $280 billion in capital and 920,000 skilled workers fled the country. Lukoil is suffering losses, the railways have ground to a halt.
In this video, we analyse Russia’s ‘Elite Rebellion’ and economic collapse:
DERIPASKA’S EXIT: Why did Putin’s closest ally say, ‘Thousands of companies will go under’?
THE INTEREST RATE TRAP: How can industrialists produce when borrowing at 25%?
CAPITAL FLIGHT: Where are Russian oligarchs moving their money from Switzerland?
ENERGY BANKRUPTCY: How did Gazprom and Lukoil start losing money when Europe cut off gas supplies?
This infographic visualises the route of capital fleeing Russia, the rise in interest rates, and industrial bankruptcies.
Translated with DeepL.com (free version)
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