RUSSIA Ruble Collapse Causes Panic as Interest Rates are Hiked to 13% to Stop Ongoing Fall In Value
Joe Blogs
Sep 20, 2023
323K subscribers ... 222,257 views ... 14K likes
#ukrainewar #russia #ruble
Please Support The Channel:
https://www.buymeacoffee.com/JoeBlogs
https://www.patreon.com/joeblogsYT
YouTube Super Thanks (click below)
YouTube Membership (click below)
Russia's Invasion of UKRAINE has caused Major Problems for the Russian Economy as Trade with Europe & the West has collapsed and Changes to the Global Supply Chain caused by the SANCTIONS have caused further problems. The value of the Russian Ruble has COLLAPSED over the past 12 months and the value has been drifting again after trading at MORE THAN 100 against the US Dollar for the FIRST TIME IN HISTORY in August. In response to this the Russian Central Bank has Hiked Interest rates 3 times in the past 2 months and has now increased interest rates to 13%. In this video I discuss this issue in more detail and discuss the implications for Russia.
For specific details please check out the CHAPTER list below.
Thanks for watching and please LIKE and SUBSCRIBE.
If you like this video and are would like to buy me a coffee please click the link below. THANK YOU it is very much appreciated.
https://www.buymeacoffee.com/JoeBlogs
Chapters:
- 0:00 Intro
- 3:03 INTEREST RATES
- 5:26 INFLATION
- 9:45 RUBLE
- 12:12 BALANCE OF TRADE
- 14:23 SUMMARY & CONCLUSION
#ukrainewar
#russia
#ruble
#globalfinancialcrisis
#usdollar
#SWIFT
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
Chapters
View all
Transcript
| |
