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Foreign Affairs

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TexasTowelie

(117,730 posts)
Fri Nov 22, 2024, 02:54 PM Nov 22

Russian Ruble Collapsing - Joe Blogs [View all]



In this video I discuss the continuing decline in value of the Russian Ruble which has now crashed through the 1:100 level against the US Dollar. This was previously considered to the the level that the Russian Central Bank would not allow it to fall beyond however it would appear that Russia is now struggling to be able to support the value.

Chapters:
0:00 Intro
1:23 RUBLE
3:50 YUAN & RUPEE
5:22 WHY?
6:35 IMPLICATIONS
8:56 RUSSIAN ECONOMY
10:37 SUMMARY & CONCLUSION
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