RUSSIAN Economy Crumbling
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The Finance Ministers of 8 European Countries have recently published a collective article stating that the Russian Economy is Crumbling and is being Re-Sovietized. Russia's Economy is facing a severe crisis following 14 rounds of Financial Sanctions. The cumulative impact of these sanctions has severely damaged the Russian Economy, evidenced by then recent rises in Inflation and Interest Rates. Additionally Russia is also facing a severe workforce shortage following the exodus of over 1 million people and the losses in Ukraine. This shortage of workers has lead to companies in Russia having to offer higher wages, which in turn is driving up inflation. In this video I provide details of the article the European Ministers have posted, look at the evidence and discuss the problems that Russia is now facing.
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Chapters:
0:00 Intro
2:54 EUROPEAN MINISTERS
9:50 EXPORT BANS
13:44 INFLATION
16:40 WAR ECONOMY
20:02 SUMMARY & CONCLUSION
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#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
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#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
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