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RE: Russians and Belarusians citizens should NOT have their accounts frozen.
It's me agin @vlemon
I was wondering if you have any view on future of Russia financial system (especially from the perpective or regular people) after interest rates has been hiked to 20%?
I can hardly imagine being able to pay any loans or morgage in similar situation. Especially while knowing, that all imported items will cost so much more since value of Rubel dropped so badly.
Any thoughts you like to share?
Cheers, Piotr
Well from the West's perspective, we have cut ties with them...
From their perspective, they cannot relit on anything coming from the outside as you said their money makes everything imported so expensive.
They still do have a lot of ressources and minerals that they can export to get some foreigh currency (USD, Yuan...) . But this is gonna be very tough on the average Russian.