Russian billionaire warns the country has never faced such a challenge as Western sanctions ramp up

[Yo_Mama_Been_Loggin]

The economic pressure Western sanctions are putting on Russia is worse than anything the country has encountered before and will have lasting repercussions, said billionaire Russian oligarch Oleg Deripaska.

"The crisis will be most severe for a minimum of three years," he said at an economic conference Thursday, according to reports. "Take the 1998 crisis and multiply it by three."

Deripaska, who founded the aluminum giant Rusal, added Russia has "never faced such a challenge," the Washington Post reported.

In 1998, the ruble crashed and Moscow defaulted on its debt, prompting a rescue package from the International Monetary Fund and the World Bank.

https://www.msn.com/en-us/news/world/russian-billionaire-warns-the-country-has-never-faced-such-a-challenge-as-western-sanctions-ramp-up/ar-AAUziN3

Come and see me Oleg and we'll have some tea - Vlady Pooty Poot

[COL Mustard]

1. Worse than a Nazi invasion? Really?

I doubt it.

[live love laugh]

2. I don't believe anything Russia says.

[AlexSFCA]

3. this is a lie to prevent embargo on energy sector