Please Support The Channel: YouTube Membership - YouTube Super Thanks (click below) In this video I discuss the continuing decline in value of the Russian Ruble which has fallen at an accelerating rate over the past 7 days. 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 the payments are now being impacted by the threat of Secondary Sanctions which has resulted in a Liquidity Crisis in Russia as well as a huge increase in costs for Russian businesses and consumers and this is now driving up Inflation and Interest Rates. For specific details please check out the CHAPTER list below. Chapters: 0:00 Intro 2:12 RUBLE 5:39 WHY? 8:26 IMPLICATIONS 12:23 FOREIGN CURRENCY #russia #ruble #russianeconomy #gdp #rouble #ukraine #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR3
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