this post was submitted on 27 Nov 2024
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I think I can say that the ruble is in free fall

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[โ€“] Skiluros@sh.itjust.works 5 points 1 day ago (1 children)

Downstream, global in the cotext of the russian economy. Things like bank failures, significant drawdowns from reserved. Etc.

[โ€“] Buffalox@lemmy.world 3 points 1 day ago

OK if the banks fail too, it will be a VERY quick and hard crash. I must admit I have no idea how the banks are doing.