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Please check out my latest food video: Cheapest Breakfast at the Smallest Wetherspoons! • I Ate Breakfast at the Smallest Wetherspoo... The Drunken Duck video has not been published yet but is coming very soon! If you would like to support the Channel: https://www.buymeacoffee.com/JoeBlogs / joeblogsyt YouTube Membership - / @joeblogs YouTube Super Thanks (click below) The ruble is TOO strong… and that’s turning into a nightmare for Russian companies. A stronger ruble might sound like good news — but for an export-driven economy like Russia, it’s actually terrible. Oil, gas, metals, fertilisers and grain are all priced globally in dollars. Russian companies don’t control the global price, and when they convert their revenues back into rubles, a strong ruble destroys their profit margins. In this video, I take a deep dive into the severe problems Russian exporters are now facing, the collapse in ruble-denominated revenue, and why entire export projects may become unprofitable. I also look at Russia’s capital-control rules, the impact on importers, inflation, investment, and the long-term health of the Russian economy. The paradox is simple: A strong ruble is now a serious economic risk. This might be one of the most important — and least understood — issues inside the Russian financial system right now. For specific details please check out the CHAPTER list below. Chapters: 0:00 Intro 1:27 RUBLE 4:47 EXPORTS 8:48 IMPORTS 11:05 SUMMARY & CONCLUSION #russia #ruble #russianeconomy #donaldtrump #globalrecession #russianoil #gdp #rouble #ukraine #uk #pricecap #GLOBALFINANCIALCRISIS #RUBLE #SWIFT #RECESSION #CHINA #USA #NATO #WW3 #WORLDWAR310