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The value of the Russian Ruble has COLLAPSED over the past 12 months and this is now having a DEVASTATING impact on the Russian Economy. The initial response to this was for the Russian Central Bank to Hike Interest rates 3 times over the past 2 months however these increases have not worked and President Putin has now issued a DECREE introducing new FOREIGN CURRENCY CONTROLS. In this video I look at the impact that the fall in value is having on the Russian Economy.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
3:35 RUBLE
5:41 TURKEY
8:24 IMPORTS
11:14 INFLATION
14:00 SUMMARY & CONCLUSION

#ukrainewar
#russia
#ruble
#globalfinancialcrisis
#usdollar
#SWIFT
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3