RUSSIAN Ruble Collapse is Damaging Russian Economy as Import Costs Raise Inflation & Interest Rates

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RUSSIAN Ruble Collapse is Damaging Russian Economy as Import Costs Raise Inflation & Interest Rates


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In this video I look at the recent performance of the Russian Ruble against the US Dollar, Chinese Yuan, Indian Rupee & the…

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39 Comments

  1. Meanwhile, back in the "united" states of murica and king-CONNED-om, the everything bubble is about to burst

    and the peanut butter will well and truly hit the fan, but instead of dealing with reality, it's tariffs to the right,

    sanctions to the left, bs wars and military messes – oops, sorry, I mean "spreading freedumb and demonocracy",

    blowing up "closest allies" pipelines and childish tantrums after being found out trying to blame "pootin's rushah",

    China and everyone else for their parasitic, criminally insane hegemonic wars and ponzi "economies"!

    Don't all the sicko parasites or their slimy presstitutes and those pulling their strings realize, that all they are

    increasingly doing is revealing just how fracked up and desperate the "united" states of murica and king-CONNED-om,

    along with their nato mafia stooges, really are? Time to wake the fracking hell up folks…

  2. You talk about less countries using the rouble -incorrect. You should say fewer countries. Perhaps check the diference for your next blod. Also number and amount. Hope this is helpful. Best wishes

  3. Measuring the ruble based on prices in New York and London is a distortion of reality. The ruble is fine within Russia where its buying power is enhanced domestically because Russia isn’t exporting much in the way of energy or agricultural products so the Russian consumer is seeing prices drop dramatically. Note about the latest talk of confiscation by Westerners of frozen Russian assets in the West….some $900 billion dollars? The desperation is tangible because Western European interests are cut off from cheap gas and oil devastating Western productivity. Sure the ruble is international impacted but who is really impacted?

  4. I appreciate your content, but you really need to give a tl;dr version instead of these really long videos. Ain't nobody got time for that! Just produce four 5 minute long videos which summarise things instead of "The year was 2022 – this will take a few hours…" style video.

  5. There are lots of comments about how good things are in Russia. However, I haven't noticed anyone from the West moving to Russia so that they can have a better life.
    Mr A. Lisowski.

  6. The Russian economy is shrinkingAccording to the World Bank, the International Monetary Fund (IMF) and the Organisation for Economic Cooperation and Development (OECD), 2022 was a bad year for the Russian economy. It is estimated that in 2022, Russia's gross domestic product (GDP) dropped by 2.1%.

  7. "Ruble is collapsing again" sounds very biased language.
    Once something is collapsing, it collapses once. Crash is quick and does not have fluctuations.
    As a proof, 1 week after this video I watch the price of ruble and I see that there is another correction back.
    Better said is that since August last year, the ruble price is fluctuating with no major move up or down.

  8. That is simply not true. Russian rubble did not drop 50% under two years. Any undergraduate economy student will tell you this simple fact from currency graph. This facr, however, will not decease Russian illegitimate action for invasion of Ukraine or supporting the failed state of Iran.

  9. so it is collapsing again ? how many times dose the ruble crash per year according to Joe ? how many ''devasting'' sanctions have the EU put on russia. russia has hardly any inflation,unemployment,gods-shortage ect….unlike the west

  10. Thank you for showing the details of the truth of the weakness of Russia. Dictatorship is NOT efficient. It is an accelerator of a country's decline.
    China is on a similar trajectory, but they are delaying and hiding it well with their powerful propaganda network. (Ask yourself why you have very few videos of those "gleaming" Chinese cities in daylight. Answer – pollution makes photography difficult.)
    Ironically, cheap Russian oil and Russian imports of Chinese technology might just be propping up XI.
    Here in America there are far too many news outlets that are believing the Russian Propaganda and spread Russian talking points about how "the western sanctions have been ineffective." This propaganda plays into the preconceived views of the Russian Tool section of the Republican Party. (There are a few extremists in the Democratic Party too, but they are small in comparison to the Trump Pro-Putin wing of the GOP.)
    I am sad that my country, whose support basically won WW2 for the allies, has allowed our pro-Nazi faction (that existed even back in the 1930s) to gain traction today in the infosphere. I will not breath freely until after Nov 2024 (assuming the pro-Nazis are defeated.) If these crazies come to power, I think I will just get drunk for a while.