The ruble is in the toilet. All of the oligarchs’ foreign assets are frozen. The “two-week special military operation” in Ukraine has dragged on since 2022.
Putin has been using the Russian reserves as his personal piggy bank for decades. That worked fine when Russia was able to make money hand over fist selling oil to and gas to Europe, but now he has to use the Russian financial reserves to pay for the war
Putin probably has billions of dollars squirreled away in banks all over the world. He’s been extorting oligarchs for huge kickbacks for decades now. If they don’t pay up they find themselves shipped to Siberia or thrown out a window.
No doubt his mate Putin will find a obligarch to loan him the cash.
Putin’s strapped for cash too.
The ruble is in the toilet. All of the oligarchs’ foreign assets are frozen. The “two-week special military operation” in Ukraine has dragged on since 2022.
It was supposed to be three days in fact.
Did the Swiss banks finally stop laundering money for them?
Or have they been running the
waywar mostly with Chinese loans lately?Putin has been using the Russian reserves as his personal piggy bank for decades. That worked fine when Russia was able to make money hand over fist selling oil to and gas to Europe, but now he has to use the Russian financial reserves to pay for the war
Dunno but Switzerland is joining NATO…
Sweden != Switzerland
Next you’re gonna tell me that Norway ≠ Nigeria!
All I know is, I’ve never gotten an email from a Norwegian prince offering me money.
Putin probably has billions of dollars squirreled away in banks all over the world. He’s been extorting oligarchs for huge kickbacks for decades now. If they don’t pay up they find themselves shipped to Siberia or thrown out a window.