USD
41.21 UAH ▼0.57%
EUR
45.96 UAH ▼0.61%
GBP
55.12 UAH ▲0.12%
PLN
10.76 UAH ▼0.76%
CZK
1.83 UAH ▼0.96%
2025 the Russian economy will not survive in its current form, blogger Ivan Yako...

Oil prices collapsed. Will it lead to the collapse of Russia?

2025 the Russian economy will not survive in its current form, blogger Ivan Yakovina is confident. Due to the onset of the Asian stock crisis capable of becoming world, it is only strengthened in this confidence, believing that Russia has received the classic situation of the "black swan". Against the background of the fall of quotations on the stock exchanges, the world, the price of oil went sharply. As cheap as it is now, Brent barrel has not been worth it from last year.

Futures fell from $ 80 to $ 75 and the fall is ongoing. In the usual time, the collapse on the world exchanges could not cause any good emotions, but now I even feel some optimism. Most likely, the world economy will now start to cool, even recession is not excluded. This means that prices for raw materials (primarily oil, but not only) will fall to a minimum for a long time. Accordingly, Russia will remain without a significant share of its income.

Such crises are usually the most painful in developing countries with transitional economies. Asia is also especially fast. Accordingly, it is quite logical to expect exacerbation of problems and accelerate the development of crisis in China. Stock indices were already gone down there. In India, the same situation is the uncertainty and collapse of stock indices. Therefore, the main buyers of Russian oil are faced with particularly difficult economic difficulties.

Cooling the world economy will reduce the consumption of oil. For Russia, this is a classic "black swan" situation. From nowhere, this crisis, the collapse of oil prices, and on the horizon - the most severe money shortage. I have said many times that in 2025 the Russian economy (in its current form) will not survive. Due to the onset of the Asian crisis capable of becoming world, I am only strengthened in this confidence.