{"id":26815,"date":"2024-09-14T17:35:34","date_gmt":"2024-09-14T15:35:34","guid":{"rendered":"https:\/\/michelsanti.fr\/?p=26815"},"modified":"2024-09-14T17:35:34","modified_gmt":"2024-09-14T15:35:34","slug":"russia-bankrupt","status":"publish","type":"post","link":"https:\/\/michelsanti.fr\/en\/war-economy\/russia-bankrupt","title":{"rendered":"Is Russia bankrupt ?"},"content":{"rendered":"<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-26817\" src=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg?resize=1170%2C529&#038;ssl=1\" alt=\"\" width=\"1170\" height=\"529\" srcset=\"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg?w=1900&amp;ssl=1 1900w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg?resize=300%2C136&amp;ssl=1 300w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg?resize=1024%2C463&amp;ssl=1 1024w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg?resize=768%2C347&amp;ssl=1 768w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg?resize=1536%2C694&amp;ssl=1 1536w, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg?resize=1200%2C543&amp;ssl=1 1200w\" sizes=\"(max-width: 1170px) 100vw, 1170px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>Russia has raised its key interest rate to 19%.<\/p>\n<p>With inflation and an economy at war, a <strong>19<\/strong>% rate would be -and is- a clear sign of failure for any country.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Russia has raised its key interest rate to 19%. With inflation and an economy at war, a 19% rate would be -and is- a clear sign of failure for any country. &nbsp;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"give_campaign_id":0,"_crdt_document":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"mc4wp_mailchimp_campaign":[],"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[648942700],"tags":[],"class_list":["post-26815","post","type-post","status-publish","format-standard","hentry","category-war-economy"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Is Russia bankrupt ? - Michel Santi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/michelsanti.fr\/en\/war-economy\/russia-bankrupt\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Russia bankrupt ? - Michel Santi\" \/>\n<meta property=\"og:description\" content=\"&nbsp; Russia has raised its key interest rate to 19%. With inflation and an economy at war, a 19% rate would be -and is- a clear sign of failure for any country. &nbsp;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/michelsanti.fr\/en\/war-economy\/russia-bankrupt\" \/>\n<meta property=\"og:site_name\" content=\"Michel Santi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/michel.santi.economiste\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-14T15:35:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/michelsanti.fr\/wp-content\/uploads\/2024\/09\/taux-Russie.jpg\" \/>\n<meta name=\"author\" content=\"Michel Santi\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:site\" content=\"@michelsanti1\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Michel Santi\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt\"},\"author\":{\"name\":\"Michel Santi\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"headline\":\"Is Russia bankrupt ?\",\"datePublished\":\"2024-09-14T15:35:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt\"},\"wordCount\":34,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/taux-Russie.jpg\",\"articleSection\":[\"war economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt\",\"name\":\"Is Russia bankrupt ? - Michel Santi\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/taux-Russie.jpg\",\"datePublished\":\"2024-09-14T15:35:34+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#\\\/schema\\\/person\\\/ba61ae1376925b43e3d1ddbc1e3eb2a4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#primaryimage\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/taux-Russie.jpg\",\"contentUrl\":\"https:\\\/\\\/michelsanti.fr\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/taux-Russie.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/en\\\/war-economy\\\/russia-bankrupt#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/michelsanti.fr\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Is Russia bankrupt ?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/michelsanti.fr\\\/#website\",\"url\":\"https:\\\/\\\/michelsanti.fr\\\/\",\"name\":\"Michel Santi\",\"description\":\"\\\"It is not because things are difficult that we do not dare. 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The Russian stock market closed due to fears of capital flight. Interest rates have more than doubled. Credit rating agencies have significantly downgraded Russia.\" These were essentially the statements made by Antony Blinken, US Secretary of State, echoing the sentiments of Western officials who were counting\u2026","rel":"","context":"In &quot;Russia&quot;","block_context":{"text":"Russia","link":"https:\/\/michelsanti.fr\/en\/category\/russia"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/Alexandre.jpg?fit=761%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/Alexandre.jpg?fit=761%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/Alexandre.jpg?fit=761%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2024\/02\/Alexandre.jpg?fit=761%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":22037,"url":"https:\/\/michelsanti.fr\/en\/china\/where-is-china-though","url_meta":{"origin":26815,"position":1},"title":"Where is China though?","author":"Michel Santi","date":"March 6, 2022","format":false,"excerpt":"\u00a0 China has been deeply shocked by the butchery that the Russian economy has suffered. The leaders of China \u2013 at every level \u2013 are terrified to fall victim to such strangulation. The West has steadfastly realised that its almighty power of globalisation is \u2013 by all accounts \u2013 a\u2026","rel":"","context":"In &quot;China&quot;","block_context":{"text":"China","link":"https:\/\/michelsanti.fr\/en\/category\/china"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/03\/Chine-Russie.png?fit=1200%2C913&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":24817,"url":"https:\/\/michelsanti.fr\/en\/russia\/russia-at-war-with-opec","url_meta":{"origin":26815,"position":2},"title":"Russia at war with OPEC","author":"Michel Santi","date":"June 11, 2023","format":false,"excerpt":"It is necessary to conjugate the striking force of OPEC in the past. This group of countries that used to meet in Vienna, deciding unanimously to reduce their production and using their monopoly to drive up oil prices to the detriment of nations and continents eager to consume it, no\u2026","rel":"","context":"In &quot;Russia&quot;","block_context":{"text":"Russia","link":"https:\/\/michelsanti.fr\/en\/category\/russia"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/06\/MBS.jpg?fit=600%2C400&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/06\/MBS.jpg?fit=600%2C400&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2023\/06\/MBS.jpg?fit=600%2C400&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":22006,"url":"https:\/\/michelsanti.fr\/en\/russia\/russia-a-disaster-live","url_meta":{"origin":26815,"position":3},"title":"Russia: a disaster, live","author":"Michel Santi","date":"February 28, 2022","format":false,"excerpt":"\u00a0 It\u2019s been a quite a while since Putin\u2019s Russia stopped investing in top-of-the-range global securities, namely US Treasury Bonds. Clearly worried about freeing itself from the West\u2019s tutelage, Russia now has only 3.7 billion dollars of US debt compared to the 177 it had in 2010. Also, Russia\u2019s central\u2026","rel":"","context":"In &quot;Russia&quot;","block_context":{"text":"Russia","link":"https:\/\/michelsanti.fr\/en\/category\/russia"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/sanctions.png?fit=1200%2C900&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/sanctions.png?fit=1200%2C900&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/sanctions.png?fit=1200%2C900&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/sanctions.png?fit=1200%2C900&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/sanctions.png?fit=1200%2C900&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":22402,"url":"https:\/\/michelsanti.fr\/en\/hyperinflation-2\/hunger-games","url_meta":{"origin":26815,"position":4},"title":"Hunger Games","author":"Michel Santi","date":"May 8, 2022","format":false,"excerpt":"\u00a0 Hyperglobalisation has killed us off! It makes us irreversibly dependent on each other on a global scale, so much so that punitive sanctions placed on a medium-sized country now have an impact on production chains on the other side of the planet, ending up working against those who decreed\u2026","rel":"","context":"In &quot;food supply&quot;","block_context":{"text":"food supply","link":"https:\/\/michelsanti.fr\/en\/category\/food-supply-2"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Michel-Santi.jpg?fit=1200%2C801&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Michel-Santi.jpg?fit=1200%2C801&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Michel-Santi.jpg?fit=1200%2C801&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Michel-Santi.jpg?fit=1200%2C801&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2018\/10\/Michel-Santi.jpg?fit=1200%2C801&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":21944,"url":"https:\/\/michelsanti.fr\/en\/russia\/russia-a-poor-power","url_meta":{"origin":26815,"position":5},"title":"Russia: a poor power","author":"Michel Santi","date":"February 8, 2022","format":false,"excerpt":"\u00a0 In terms of sanctions against it, Russia is particularly vulnerable when it comes to technology. Its dependency goes back a long time, to the Soviet era in fact because \u2013 despite the USSR exporting more machines and machine tools than it imported numerically-speaking \u2013 the value of these imports\u2026","rel":"","context":"In &quot;Russia&quot;","block_context":{"text":"Russia","link":"https:\/\/michelsanti.fr\/en\/category\/russia"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/Putin.jpg?fit=1200%2C798&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/Putin.jpg?fit=1200%2C798&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/Putin.jpg?fit=1200%2C798&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/Putin.jpg?fit=1200%2C798&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/michelsanti.fr\/wp-content\/uploads\/2022\/02\/Putin.jpg?fit=1200%2C798&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/26815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/comments?post=26815"}],"version-history":[{"count":3,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/26815\/revisions"}],"predecessor-version":[{"id":26823,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/posts\/26815\/revisions\/26823"}],"wp:attachment":[{"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/media?parent=26815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/categories?post=26815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michelsanti.fr\/en\/wp-json\/wp\/v2\/tags?post=26815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}