Coin Citadel (CCTL)

[I-Glow]

The Russian economy is collapsing.

"Russia Privately Warns of Deep and Prolonged Economic Damage"

Bitcoin is a very poor currency because of the volatility. If anyone paid for a produce when the price was $65,000 and it is down 70% ($19,794).

Russia may face a longer and deeper recession as the impact of US and European sanctions spreads, handicapping sectors that the country has relied on for years to power its economy, according to an internal report prepared for the government.

The document, the result of months of work by officials and experts trying to assess the true impact of Russia’s economic isolation due to President Vladimir Putin’s invasion of Ukraine, paints a far more dire picture than officials usually do in their upbeat public pronouncements.

The El Salvador economy is close to collapsing and they could default on the sovereign bond.

IG