RUSSIAN Ruble COLLAPSE Continues Against US Dollar, Euro, Yuan & Rupee as Russian Economy Crashes

https://www.youtube.com/watch?v=EtkSKB1pFaU ^

[USA-FRANCE]

(Video) - Russia's Invasion of UKRAINE has caused Major Problems for the Russian Economy as Trade with Europe & the West has collapsed and Changes to the Global Supply Chain caused by the SANCTIONS have caused further problems. The value of the Russian Ruble has COLLAPSED over the past 12 months. On 14th August the value of the Ruble fell to more than 100 against the US Dollar for the FIRST TIME IN HISTORY. As a direct result the Russian Central Bank called an Emergency Meeting and Hiked Interest Rates by 350bps to 12.0%. The immediate result was an increase in the value of the Ruble however over the past 2 weeks the value has started falling again and is now heading back towards 100 to $1. In this video I discuss this issue in more detail and the implications for the Russia Economy & its population.

[Georgia Girl 2]

I think you’re in denial or just not up to speed on where the world is headed as far as the financial systems go. There’s going to be one financial system and every country will be on it if they want to trade internationally.

[Antioch]

China is going to surpass America economically and militarily-it’s just math plus time. Why wouldn’t they? They have 4 times the population and their industrial capacity and growth rate is far outstripping us. They’re not selling countries war, they’re selling them goods and modern infrastructure that they need and want so their economy will continue to expand. The US can threaten and ring China with military bases all they want, but unless they can sell something other than proxy wars and economic control, China will eventually dominate the world. All empires rise and fall.

[adorno]

China is going to surpass America economically and militarily

That's an impossibility.

China may get powerful militarily, but that's only because the U.S. and other countries are giving them the funding for that military, through trade. If China ends that trade, they're going to fail miserably, like communist countries always do. Again, what country has ever been successful with communism? Can't answer that, can you?

Also, to have a strong military, a country needs a strong economy and China's economy is very dependent on America's economy. So so logically you are very wrong.

[adorno]

I think you’re in denial or just not up to speed on where the world is headed as far as the financial systems go.

It is an absolute certainty that, a financial system based on communism, is an absolute failure. Again, see if you can answer the question. What country has eve been successful under a communist economic system. History says that it's never happened and logic says that it can't happen. but, keep wishing that your fairy tale communist financial system is possible and can take over as the main economic system. But again, it's an impossibility.

And, I can't be in denial about what is logical, and logic is against YOUR CRIBS economic system. Got back to school to learn some basic economics; socialism/communism ALWAYS fails.