Date: 2024-05-15 Page is: DBtxt003.php txt00025807 |
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RUSSIA
RUSSIAN CURRENCY CRISIS
Joe Blogs: RUSSIAN Ruble Collapse Panic Continues - Russia Increases CAPITAL CONTROLS on Sale of Western Assets
Original article:
https://www.youtube.com/watch?v=eITQB1w8CIU
Peter Burgess COMMENTARY
Peter Burgess
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RUSSIAN Ruble Collapse Panic Continues - Russia Increases CAPITAL CONTROLS on Sale of Western Assets
Joe Blogs
Nov 4, 2023
331K subscribers
#russia #ruble #inflation
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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 despite Interest Rate DOUBLING from 7.5% to 15% over the past few months increases and the introduction of Capital Controls on Russian Exporters the Ruble is still trading at far below historic level. The Russian Central Bank has introduced more Capital Controls which force Western Businesses to accept payment in RUBLES for the disposals. In this video I provide full details and discuss the implications for Russia.
For specific details please check out the CHAPTER list below.
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Chapters:
- 0:00 Intro
- 3:45 WESTERN ASSETS CONTROLS
- 9:22 FOREIGN INCOME CONTROLS
- 11:15 RUBLE
- 14:21 CONSUMER PRODUCTS
- 16:42 SUMMARY & CONCLUSION
#russia
#ruble
#inflation
#globalfinancialcrisis
#usdollar
#SWIFT
#CHINA
#usa
#ukrainewar
#NATO
#WW3
#WORLDWAR3
Interest Rates
Transcript
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