RUSSIAN Payment Collapse

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In this video I discuss the recent announcement that Russia has struck a trade deal with Pakistan under which it will be paid in POTATOES, ORANGES & RICE. This deal has been agreed due to the ongoing payment problems that Russia is experiencing as a result of the Financial Sanctions. The payment problems are now causing major problems for Russia and are having a huge impact on the Russian Economy.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
3:10 BARTER TRADE
8:12 WHY?
13:24 RUBLE
15:31 BRICS
19:32 SUMMARY & CONCLUSION

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

[bigearl]

Refine the potatoes into vodka, and the oranges into juice. Now you have vodka and orange juice. You'll still be broke, but at least you have a good drink.

[laurencehastings]

The situation is actually much worse for Russia than you've depicted. Doing deals with perishable commodities is very risky. Depending upon transport logistics, weather and storage conditions you could end up with a heap of rotting organic material.

[ME-jhkf]

Would love to hear those trade negotiations.

- "Part of your potatoes were rotten, we counted 53258 rotten potatoes, I demand new potatoes!!"
- "I will not send you more potatoes, the rice you sent was full of bugs!!
- "The bugs I sent you for free!"
- "I don't have any more potatoes, can you accept used socks instead, size 12, brown?"

[yabatopia]

The advanced payment system of BRICS: B for Beans, R for Rice, I for Iceberg Lettuce, C for Chickpeas and S for Sweet Potatoes.

[geoffreychadwick]

Russia getting paid in Oranges Rice and Potatoes is fitting as Russia's leader is a vegetable! Slava Ukraine!

[burningpentagram]

Potatos and oranges.

I smell an enourmous Screwdriver 😁

[tonymckeage]

Great Video Joe! As a retired Bank Manager, I am familiar with sanctions, they are brutal! I think they are very effective especially in the case of Russia! I think there are good reasons to create non monetary sanctions, like empounding ships involved with these trade deals with Russia, thanks for sharing

Potatoes, oranges and rice. That's not going to fit in my wallet. Good thing I have no plans to go to Russia.

[svenfox]

The Russian ruble coin is no longer even worth the recycled bottle cap it is made of

[bungwohlio]

Russia is almost back to the stone age, great video Joe! 🤣👍

[UberHypnotoad]

“You don’t set up a business to earn a lot of oranges.” Crap, I’ve been doing it wrong.

[Carlos-imhn]

Good show and barter information today, information not covered on the mainstream media.
Thank you !

[Rhotz-ixll]

Mighty Russia, paying in potatoes. Putin sure will be going down in history for all the wrong reasons.

[rumbleman]

Have to comment again - this is great

"I have 2million rubles"

"Nar mate ill take 6 oranges"

[generessler]

It seems likely that regardless of how onerous the requirements are, the CCP is very happy to be saying "Sorry Russia, it's the US's fault we can't pay for that oil. Just give us a few years for the paperwork..."

[hillbilly]

1) Stop shooting
2) Withdraw to pre-2014 boundaries
3) $'s flow
That about it?

[Luckydog]

Thanks for producing such informative programs. It is greatly appreciated. I cannot find this kind of information in the US.

[shres]

It's a special economic operation.

[porkyvonchop]

from de-dollarization to potatozation 😁😁

[TheRisto]

The barter system was quite common during the communist USSR era. So it's only been dead for 30 years.