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Economist Dmitry Gross: The collapse of the global financial system spread over several generations

The scientist who predicted the collapse of the Soviet economy, warns the current model of capitalist development also leads to an abyss.


Understand simple: the Russians are going bankrupt en masse and stop paying on loans

Authorities, banks and collection agencies hastily preparing for the collapse of the market of consumer loans. Russia covers a wave of social default: according to the banks and collection agencies, is currently in a period not served 20% of loans to individuals. 10% of loans specialists believe "hopeless."


UBS to Open Blockchain Research Lab in London

Swiss banking giant UBS opens a technical laboratory in London to explore the potential of technology "chain blocks" (blokcheyn) for subsequent use in the financial services industry.




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