RUSSIAN Ruble Collapse Accelerates

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In this video I discuss the continuing decline in value of the Russian Ruble which has fallen at an accelerating rate over the past 3 months and is now close to an all time low against the Chinese Yuan, Indian Rupee, US Dollar, Euro and the British Pound. China is Russia's biggest trading partner for both Imports and Exports but is only prepared to make a receive payments in Chinese Yuan and this has resulted in both a Liquidity Crisis in Russia and a huge increase in costs for Russian businesses and consumers which is now driving up Inflation and Interest Rates.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
3:45 RUSSIAN RUBLE
6:11 WHY?
8:42 IMPORTS
11:56 EXPORTS
14:30 FOREIGN CURRENCY
17:08 SUMMARY & CONCLUSION

#russia
#ruble
#russianeconomy
#gdp
#rouble
#ukraine
#uk
#pricecap
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

[radoeka]

The fact that ruzzia doesn't want to share any data, is already a very clear sign that the economy is doing very badly 😊 Otherwise 🇷🇺 would show off a good they are doing.

[Peter_S_]

The Special Financial Operation is progressing according to plan.

[frujf]

Declining ruble value, declining bond sales, record high interest rates, declining reserves . . what could go wrong?

[cgkrxxq]

I remember the russian videos where they said europa would eat their pets🤡🤡🤡
Who is in trouble now dear Pootin🤣🤡🇺🇦🇺🇦🇺🇦

[chrismcdowell]

It gets pretty bad, when the Russian Central Bank doesn’t even want anymore rubles. The Central Bank cannot find anymore landfills to dump all the rubles, they already have.

[Joe_sr]

And in actuality if people in Russia want dollars on the black market they will have to pay over 200 rubbles for one dollar..!!!

[eddelves]

The Russian Bear is casually ambling down the hill.

[primem]

Fantastic news!! Perhaps the Russian people will now be asking why of Putin baby... Because of his ego!!!

[martinadams]

You don't seem to appreciate that the ruble comes into it's own when you run out of Toilet Paper !!🤣

[soldierandsunshineshow]

Good for Russia if they would have invested in peace they would be reaping benefits

[dirusso]

❤🎉Thank you Joe, for your hard work. You always make great videos.🙏 God bless you always 🙏💕

[porkyvonchop]

so where are those people thats say sanction dont work 🤔

[jodicardosa]

Rember all the russian trolls that preached how the ruble was going to be the replacement for the dollar....lol..lol

[Fscmco]

Very clear example of what happens when your currency falls.

[edbaker]

When your currency, weaken s against the Indian ruppe, your are really in serious trouble

[gogrape]

More excellent research . Thank You Joe.😁

[hotfightinghistory]

The value of the ruble is the single biggest metric by which Putin's hold on power can be measured, and it is now slipping fast. No doubt about it!

[American-In-Mykolaiv]

This video exemplifies why people watch your presentations! Thanks, Joe, for your expert videos. Slava Ukraini!

[alvarovega]

Keep bringing us the data on the Russian economy Joe. Great job!!

[Knightonagreyhorse]

The 'collapse' has been going on for over a year now. Decline would be a better word.