The official budget deficit surged last year, as did off-balance sheet military spending via the banking system and unpaid bills. That might be tough to sustain, especially with lower oil revenues.
Russia has been on the verge of collapse for the past 3 years. One can regard it as a zombie nation, lurching forward despite there being no way it could be viable.
Russia has been on the verge of collapse for the past 3 years. One can regard it as a zombie nation, lurching forward despite there being no way it could be viable.