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   Mark Kraft (krafttea@mastodon.social)'s status on Thursday, 19-Sep-2024 06:11:51 JST Mark Kraft

   Noticed something from the Telegram Ekonomika_Zubarevich channel.

   You know how I've been saying there's a BIG problem right now with Russian financial institutions not having liquidity / money to buy Russian war bonds, to help cover the government's mounting deficits?

   Sberbank, one of Russia's leading banks, has suspended issuing family mortgages, having exhausted its limits.

   Not only are loans at ~30%, but YOU CAN'T GET THEM. Which leads to stiff conditions & higher rates, and loan sharks!💶🦈

   • NeonPurpleStar :heart_bi: likes this.
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     NeonPurpleStar :heart_bi: (neonpurplestar@outerheaven.club)'s status on Thursday, 19-Sep-2024 06:13:13 JST NeonPurpleStar :heart_bi:

     in reply to
     @KraftTea interest rate for yuan loans in russia today are at 87,55%
     
     they were not publishing them for a week after, but now they are public again