Russia’s Financial Resilience Is Short Term and Its People Will Soon Feel a Major Economic ‘Degradation’

Russia’s Financial Resilience Is Short Term and Its People Will Soon Feel a Major Economic ‘Degradation’

When Russia first invaded Ukraine nearly two years ago to the day, the world responded with some of the heaviest economic sanctions in history.

Now, according to a London based think tank Official Monetary and Financial Institutions Forum, Russians might finally start to begin to feel that economic downturn.

Veuer’s Tony Spitz has the details.