Afgaande op economische indicatoren, lijkt Poetin wel degelijk een prijs te betalen voor de annexatie van de Krim en zijn gerotzooi in Oekraïne, schrijft zakenblad Forbes.
Enkele recente ontwikkelingen op een rij:
Earlier […] Standard and Poor’s cut Russia’s sovereign debt rating one step to BBB-, the lowest investment grade and one level above “junk” status. […] S&P based its decision on slowing economic growth, geopolitical tensions, and capital flight that reached $70 billion(!) in just the first quarter. […]
Another indiction of just how seriously the Russian economy is deteriorating was provided by the Russian Central Bank. At a previously scheduled meeting, it raised its key interest rate from 7 percent to 7.5 percent citing rouble weakness and high inflation risks. […]
And amidst all of the bad press, Russia’s stock and currency markets are still reeling. […]
Inflation is above-target and increasing. Capital flight is near an all-time high and is also increasing. Already-low levels of domestic investment are falling. It doesn’t matter where you look in Russia’s eocnomy, there just isn’t anything to counterbalance the weakness in the ruble of the sell-off in the MICEX. Things are falling apart, and unless there’s a dramatic de-escalation of the situation in Ukraine this has the chance to turn into a genuine rout.
