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In this video I discuss the continuing decline in value of the Russian Ruble which has fallen at an accelerating rate over the past 7 days. 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 the payments are now being impacted by the threat of Secondary Sanctions which has resulted in a Liquidity Crisis in Russia as well as a huge increase in costs for Russian businesses and consumers and this is now driving up Inflation and Interest Rates.

For specific details please check out the CHAPTER list below.

Chapters:
0:00 Intro
2:12 RUBLE
5:39 WHY?
8:26 IMPLICATIONS
12:23 FOREIGN CURRENCY

#russia
#ruble
#russianeconomy
#gdp
#rouble
#ukraine
#uk
#pricecap
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3

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