Found: 49

Frozen Deposits in Russia: How Real Is the Risk? How to Protect Your Savings Amid High Interest Rates

... financial crises that included deposit freezes or devaluation of savings. Here are key examples: Soviet Union, 1991: The collapse of the USSR led to hyperinflation and the devaluation of savings in Sberbank accounts, effectively wiping out household wealth. 1998 Crisis: The ruble’s collapse and banking sector failures made it difficult for depositors to access their funds, causing significant financial losses. Pavlov’s Reforms, 1991: Restrictions on cash withdrawals and temporary freezing of ...

How to Choose a Reliable Financial Advisor and What to Consider When Making Your Choice?

Choosing a reliable financial advisor is a crucial step that can significantly impact your financial results and future wealth. The right advisor not only helps to optimize investments and reduce risks but also provides support during challenging economic times. Choosing a reliable financial advisor is a crucial step that can significantly impact your financial results ...

Where to Invest During a Crisis

... capital. It is during such times that many millionaires have built their fortunes. A crisis in the country and globally presents a unique opportunity to enhance one's capital. It is during such periods that many millionaires have accumulated their wealth. According to scholars, global crises occur every 10 to 50 years. The frequency can depend on various factors. In recent decades, the rate of economic downturns among countries has noticeably increased. So why not take advantage of this? How can ...

Corruption: a systemic threat to society and ways to overcome it

... high level of corruption due to increased risks and additional costs. Slower economic growth: corruption distorts market mechanisms and reduces the efficiency of the economy. Increased income inequality: corruption contributes to the concentration of wealth in the hands of a small group of people. Distortion of market mechanisms and fair competition: corrupt companies receive unfair advantages. Growth of the shadow economy: businesses go underground to avoid corrupt extortion. 2. Political consequences: ...

Risks of Cryptocurrency Investments

... period is over. Furthermore, rewards for staking are credited in the same cryptocurrency, so actual profit depends on the token’s market price. How Much Can You Earn from Cryptocurrency? The cryptocurrency market is known for stories of unexpected wealth—many dream of making millions from it. Indeed, one can achieve significant profits from digital coins, as their price can multiply rapidly within a few months. However, it is unwise to expect easy income. How much can be earned from cryptocurrency ...