Russian Economy Imploding as Interest Rates are Hiked, Inflation Soars & Worker Shortages Increase - Joe Blogs

[TexasTowelie]

Russia's Economy is under severe pressure after 14 rounds of Financial Sanctions. Inflation has been rising rapidly over the past 12 months and the Russian Central Bank has now increased Interest Rates to 18% putting Russian into the top 15 countries with the Highest Rates in the world. In addition Russia is also facing a severe workforce shortage and this shortage has lead to companies in Russia having to offer higher wages, which in turn is driving up inflation. In this video I provide more details and discuss the problems that Russia is now facing.

Chapters:
0:00 Intro
4:32 INTEREST RATES
7:27 INFLATION
10:55 FOOD INFLATION
12:00 WAGES
13:33 PRODUCER PRICES
15:24 RUBLE
19:03 SUMMARY & CONCLUSION

[peppertree]

1. And on the other end of the globe, Trump's pal Milei is doing the same to Argentina

[stopdiggin]

2. good. let the pain be significant, long lasting - and instructive to both the Russian people

and leadership.

[stopdiggin]

3. and then of course we have the American people

bewailing their 'crumbling' economy ...

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