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Prune60 @prune602.bsky.social

Russian Railways debt burden was described several a few months ago as “dangerous” (They still took on more debt)

sep 1, 2025, 5:17 pm • 62 2

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Spokesman @miketheswede.bsky.social

Yet the state made them pay dividends grester than the profit

sep 1, 2025, 7:20 pm • 0 0 • view
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Prune60 @prune602.bsky.social

If you are actually able to reach Russian Railways Website (good luck it’s probably blocked) you’ll see that the data on the website is very out of date, with information on their debt obligations stopping in 2021. company.rzd.ru/ru/9473?acce...

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sep 1, 2025, 5:20 pm • 58 0 • view
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Prune60 @prune602.bsky.social

Getting good data on what exactly is going on is very difficult. But we can determine that it’s not good, and that debt is a problem.

sep 1, 2025, 5:21 pm • 60 0 • view
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Prune60 @prune602.bsky.social

There is another Central Bank Meeting in 12 September. The key rate has been reduced twice since the beginning of the year 21% to 20% 20% to 18% The general belief in Russian publications is that the key rate will be reduced at the next meeting.

sep 1, 2025, 5:23 pm • 54 0 • view
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Prune60 @prune602.bsky.social

But there’s a problem. Rates on Deposits have now dropped BELOW Inflation expectations which have INCREASED. Deposits in banks are already dropping for a variety of reasons. Further reductions may make this situation even worse.

sep 1, 2025, 5:24 pm • 62 0 • view
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Prune60 @prune602.bsky.social

And 21% vs 18% already isn’t enough of a drop to provide the relief needed to save companies buried in debt.

sep 1, 2025, 5:25 pm • 60 0 • view
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Prune60 @prune602.bsky.social

I’m struggling to find the point where I’m providing too much vs too little information. But when discussing the total situation with Russian Railways which is linked with the total economic situation of the country, it does become all encompassing

sep 1, 2025, 5:28 pm • 68 0 • view
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Prune60 @prune602.bsky.social

There are already reports that the price drop expected in the fall as a result of the harvest coming in over, and that inflation will only go up from here. As a result, weakening of the ruble to boost exports may cause food prices to skyrocket.

sep 1, 2025, 5:30 pm • 59 0 • view
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Prune60 @prune602.bsky.social

The government is continuing to push for stronger price controls on food products. These controls will generally only impact domestic products, further killing domestic production and increasing reliance of imports.

sep 1, 2025, 5:31 pm • 61 1 • view
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Prune60 @prune602.bsky.social

The government is trying to deal with a ballooning deficit. They are moving toward trying to increase taxes on small businesses.

sep 1, 2025, 5:33 pm • 64 0 • view
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Prune60 @prune602.bsky.social

Everyone has already had their taxes increased significantly. As I’ve said before, this isn’t the beginning of a crisis, it’s the middle of one. Feeding this war is unsustainable. You can only tax so much, you can only cut so much.

sep 1, 2025, 5:34 pm • 70 6 • view
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derorfa.bsky.social @derorfa.bsky.social

Sorry, had to..

sep 1, 2025, 5:46 pm • 0 0 • view