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How Much Longer Can Russia’s Economy Last?

(MOSCOW) – Russia’s external debt has reached its highest level in two decades, raising concerns over the sustainability of its economy as the Kremlin continues to finance its war effort through borrowing and asset leverage. “Russia’s also been going into massive debts. Russia’s external debt hits 20 year high,” a report from The Moscow Times said. Despite the risks, foreign investors continue to purchase Russian bonds, including buyers from India, China and the Middle East, attracted by high interest rates even though Russia has previously defaulted on its debt. “There’s still people in India or China or the Middle East…