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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 more details of the figures and discuss the problems that Russia is now facing.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
3:39 INFLATION
6:30 INTEREST RATES
9:21 FOOD INFLATION
10:34 WAGES
12:46 UNEMPLOYMENT
15:20 PRODUCER PRICES
18:24 RUBLE
21:23 SUMMARY & CONCLUSION
#russiaukrainewar
#russia
#ukraine
#putin
#pricecap
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
