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Russian Ruble Collapse - Joe Blogs
In this video I discuss the problems that Russia is now facing as a result of the collapse of the Russian Ruble and the increasing Yuanization of the Russian Economy. 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 this has resulted in both a Liquidity Crisis in Russia and a huge increase in costs.
Chapters:
0:00 Intro
3:56 YUANIZATION
7:11 YUAN EXCHANGE RATE
9:58 LIQUIDITY CRISIS
13:00 YUAN LOANS
14:21 YUAN COSTS
16:46 US DOLLAR RATE
18:33 SUMMARY & CONCLUSION
1 replies
= new reply since forum marked as read
= new reply since forum marked as read
