Must is sounding the alarm about a hidden Russian economic crisis and warning of a banking collapse—but the report is now facing harsh criticism from military expert Mikael Valtersson. He questions the inflation figures, budget estimates, and methodology—and goes so far as to say that the report would not stand up to academic scrutiny.
Sweden’s military intelligence agency, MUST, claims in a widely discussed report that Russia’s economy is significantly weaker than official figures indicate. According to the assessment, inflation could be close to 15 percent, the budget deficit $30 billion larger than reported, and there are signs of a nascent banking crisis, reports Financial Times (FT).
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