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Putin's War Economy on the Brink: Parallels to Nazi Germany in 1945
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Ukraine-Russia War

Putin's War Economy on the Brink: Parallels to Nazi Germany in 1945

The Allies do have a minor lesson to learn from their own past actions.

Shankar Narayan's avatar
Shankar Narayan
Nov 27, 2024
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Putin's War Economy on the Brink: Parallels to Nazi Germany in 1945
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After two and a half years of relative stability, Russia's business elites find themselves on a collision course with Putin’s trusted Russian Central Bank chief. The oligarchs are pushing for interest rate cuts to halt the wave of business bankruptcies sweeping the nation. In contrast, the Central Bank chief is advocating for further rate hikes to combat inflation and stabilize the free-falling ruble.

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