The Russian economy (catch all)

[Firn]

Firn---noticed today that Putin in a press released admitted the sanctions were causing damages ie increased lending costs, or no loans or financing being available due to bank questions caused by the sanctions.

Sounds like Putin is trying to prepare 'his' people for some economic sacrifice for the greater good and proper needs of Great Russia. The state's balance sheet is pretty strong but the foundations of the economy and it's prospects are quite shaky. We will see how the GDP will shrink according to neutral analysts.